Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

Portfolio

Loading...
Select Portfolio and Asset Combination for Display on Market Band
Select Portfolio
Select Asset Class
Show More
Download ET MARKETS APP

Get ET Markets in your own language

DOWNLOAD THE APP NOW

+91

CHOOSE LANGUAGE

ENG

  • ENG - English
  • HIN - हिन्दी
  • GUJ - ગુજરાતી
  • MAR - मराठी
  • BEN - বাংলা
  • KAN - ಕನ್ನಡ
  • ORI - ଓଡିଆ
  • TEL - తెలుగు
  • TAM - தமிழ்
Drag according to your convenience
ET NOW RADIO
ET NOW
TIMES NOW

RBI Guv-headed panel of regulators discuss issues concerning economy

The panel discussed ways to address challenges pertaining to the quality of credit ratings; and inter-linkages between housing finance companies and housing developers.

Reuters|
Mar 14, 2019, 08.47 PM IST
0Comments
Reuters
RBI---reuters
Sebi, Irdai, and PFRDA, along with senior officials of the finance ministry, brainstormed key issues facing the economy.
MUMBAI: Financial sector regulators Thursday discussed ways to address challenges pertaining to the quality of credit ratings and other issues concerning the economy, the Reserve Bank of India said in a statement.

Markets regulator Sebi, insurance regulator Irdai, and pension fund regulator PFRDA, along with senior officials of the finance ministry, brainstormed key issues facing the economy at the meeting of the sub-committee of the Financial Stability and Development Council (FSDC) chaired by RBI Governor Shaktikanta Das.

"The sub-committee reviewed the major developments on the global and domestic fronts that impinge on the financial stability of the country," the central bank said after the meeting.

The panel discussed ways to address challenges pertaining to the quality of credit ratings; and inter-linkages between housing finance companies and housing developers.

It also deliberated on the interlinking of various regulatory databases and the National Strategy for Financial Inclusion.

Further, the sub-committee reviewed the functioning of state-level coordination committee (SLCCs) in various states and Union territories, activities of its various technical groups, and a thematic study on financial inclusion and financial stability.
0Comments

Also Read

RBI to reform WMA system for states

RBI slaps fine on four banks

RBI working on regulatory norms for fintech cos

Impact of RBI’s likely dollar-rupee swap

RBI likely to change disclosure norms for bonds

Comments
Add Your Comments
Commenting feature is disabled in your country/region.