29th Meeting of Financial Stability and Development Council Held in Mumbai
The Union Minister for Finance chaired the 29th meeting of the Financial Stability and Development Council (FSDC) in Mumbai, focusing on expediting refunds of unclaimed assets, enhancing KYC processes, and strengthening inter-regulatory coordination. The meeting emphasized the need for a proactive approach to financial stability and discussed strategies for reducing unclaimed assets and improving the investment ratio in the financial sector.
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