Financial Stability and Development Council

The Financial Stability and Development Council (FSDC) is an Indian government body that oversees the country's financial system. It brings together key regulators like the Reserve Bank of India and the Securities and Exchange Board of India to ensure stability, address risks, and promote development in banking, finance, and investments. Its goal is to prevent financial crises, maintain confidence, and support economic growth by coordinating policies and sharing information among these institutions. Think of it as a task force working behind the scenes to keep the financial system safe and functioning smoothly.