FSDC panel reviews global, domestic factors impinging financial stability

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The sub-committee of financial stability and development council (FSDC) on Monday reviewed major developments on global and domestic fronts that impinge on the country's financial stability, the Reserve Bank of India (RBI) said.

The meeting was chaired by RBI governor Urjit Patel.

The sub-committee also reviewed the status of implementation of recommendations of Financial Stability Board, a mix of global bodies that sets financial stability policies across financial sectors, the release said.
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