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Looks to simplify forms submitted for corporate insolvency resolution process
The council stressed on the early warning indicators for the economy and the preparedness to deal with them, improving the efficiency of the existing financial and credit information systems
They also deliberated upon the status and developments under the IBC, and the working of credit rating agencies, the RBI said in a statement.
This will be the first meeting of the FSDC, which comprises RBI Governor and other financial sector regulators, after the outbreak of the coronavirus.
Market confidence by investors are reflected in high and rising bond and stock valuations