ANI
13 Jan 2022, 18:48 GMT+10
Mumbai [India], January 13 (ANI): A sub-committee of the RBI's Financial Stability and Development Council (FSDC) met under the chairmanship of Reserve Bank of India Governor Shaktikanta Das to review major developments in the global and domestic economy.
"The sub-committee reviewed the major developments in the global and domestic economy as well as in various segments of the financial system and discussed the assessments of members about the scenario emerging from the third wave of the COVID-19 pandemic," RBI said in a statement.
The committee also discussed various inter-regulatory issues and matters relating to the use of Aadhaar based e-KYC and Aadhaar Enabled Payment System by regulated entities.
It reviewed the activities of various technical groups under its purview and the functioning of State Level Coordination Committees (SLCCs) in various states / UTs. The members resolved to maintain a close watch on the unfolding developments and act proactively to ensure that financial institutions and financial markets remain resilient amidst the challenges posed by the resurgence of the pandemic, the RBI said.
The meeting was held virtually. (ANI)Get a daily dose of Malaysia Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Malaysia Sun.
More InformationBANGKOK, Thailand: This week, Thailand implemented land border restrictions, including a ban on tourists traveling to Cambodia, as...
Chennai (Tamil Nadu) [India], June 29 (ANI): The Duchess Club of Chennai on Sunday organised an All-Women Car Rally with the patriotic...
Swat [Pakistan], June 29 (ANI): A family from Pakistan's Sialkot lost 11 members to sudden surge in the water level of Swat river,...
Islamabad [Pakistan], June 29 (ANI): An earthquake of magnitude 4.5 jolted Pakistan on Sunday, a statement by the National Center for...
By Kavya Dubey New Delhi [India], June 29 (ANI): The world paused on June 13 when Israel targeted major military and nuclear facilities,...
(250629) -- JAKARTA, June 29, 2025 (Xinhua) -- A drone photo shows participants running during the Jakarta International Marathon 2025...
NEW YORK CITY, New York: The U.S. dollar tumbled this week, hitting its lowest levels since 2021 against the euro, British pound, and...
NEW YORK CITY, New York: Walmart is set to close a major Sam's Club fulfillment center in Fort Worth, Texas, as part of a shift in...
SAN FRANCISCO, California: A U.S. judge has dismissed a copyright lawsuit filed by 13 authors against Meta Platforms, the company that...
DUBAI, U.A.E: Oman is set to introduce a personal income tax as part of its strategy to reduce dependency on hydrocarbon revenues....
NEW YORK, New York - U.S. President Donald Trump dropped a bombshell on Friday announcing he had terminated trade talks with Canada....
Federal officials, then-Governor of Indiana Eric Holcomb, union leaders, company representatives, and dozens of guests assembled at...