Chiefs of financial sector regulators, including that of RBI and SEBI, along with senior officials at the Finance Ministry on Tuesday took stock of the major developments on the global and domestic fronts that impinge on the financial stability of the country.
The group, headed by Reserve Bank of India Governor Raghuram Rajan, is one of the sub-committees of the Financial Stability and Development Council (FSDC), the apex inter-regulatory body headed by the Finance Minister.