The meeting will review the current global and domestic economic situation and financial stability issues, including those concerning banking and NBFCs, sources added.
So far, FSDC has only been about trivial details, forming sub-committee after sub-committee, without exercising the authority its mandate allows it, even as long-standing disputes remain unresolved
After the meeting, no government official commented on anything even as Urjit Patel and his colleagues left North Block through a different exit point
This was seen as a veiled reference to RBI pushing back hard against the government pressure to relax its policies and reduce its powers
Also included is Meity secretary in the wake of data security issues
Panel also reviewed the status of implementation of recommendations of Financial Stability Board