Regulators should maintain a constant vigil as ensuring financial sector stability is a shared responsibility of the regulators, said Union finance minister Nirmala Sitharaman held in the 27th meeting of the Financial Stability and Development Council (FSDC).
The secretary was interacting with media persons after the Financial Stability and Development Council (FSDC) took place in the capital on Monday that Union Finance Minister Nirmala Sitharaman chaired. The meeting happened for the first time after the announcement of the Budget 2023-24.
Reserve Bank of India (RBI) Governor Shaktikanta Das, Insurance Regulatory and Development Authority of India (IRDAI) Chief Debashish Panda, Securities and Exchange Board of India (SEBI) Chief Madhabi Puri Buch, Pension Fund Regulatory and Development Authority (PFRDA) Chief Deepak Mohanty,
The Union finance minister was participating and representing the governor for India in the Business Session of the Asian Development Bank's annual meeting in Incheon, South Korea, on Thursday.
Sitharaman spoke about the vision and reforms-oriented approach towards good governance under PM Modi's leadership to shape New India and redefine its place in the global economic order.
According to the finance ministry's tweet on Wednesday, the finance minister encouraged the engagement of JBIC with Indian financial institutions such as Exim Bank, National Investment and Infrastructure Fund (NIIF) and lending banks to leverage the strength and complementarities of both cou
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Saturday instructed Central Board of Indirect Taxes and Customs (CBIC) to implement an action plan to increase the taxpayer base through enhanced use of technology.
Mahila Samman Savings Certificate scheme was announced in the 2023-24 Union Budget by Finance Minister Nirmala Sitharaman and is a significant step towards financial inclusion and empowerment of women.
India's top priority is to provide fuel to its people at an affordable price and it has fulfilled its duty during the latest volatility in global energy prices after the start of the Russia-Ukraine conflict last year, said Union finance minister Nirmala Sitharaman.
Union Finance Minister Nirmala Sitharaman, while addressing an interactive session on Sunday in Karnataka said there is no proposal to regulate social and financial influencers but emphasised that a strong sense of caution is required.