Reserve Bank of India Governor Sanjay Malhotra | Photocredit: Francis Mascarenhas
The Subcommissie of the Financial Stability and Development Council (FSDC-SC) confirmed its dedication to closely monitoring emerging challenges, including those of increased trade undisposition and persistent geopolitical frictions.
The FSDC-SC meeting, chaired by RBI Governor Sanjay Malhotra at the RBI headquarters in Mumbai, confirmed its dedication to improve the display of the financial sector through interregulating coordination, as stated by the RBI.
The aforementioned development even comes if the worldwide environment remains a challenge.
MPC insights
According to the monetary policy committee from 4 to 6 August 2025, meetings, which were released on 20 August, although financial market volatility and geopolitical uncertainties have decreased somewhat from their peaks in recent months, trading negotiation challenges remain.
“Global growth, although revised upwards by the IMF, remains filled. The pace of disinflation, with some advanced economies even witnessing an increase in inflation,” per minutes.
Risk factors
The MPC minutes noted that the prospects for external demand remain uncertain in the midst of current rate announcements and trade negotiations.
Furthermore, the headwind that arises from long -term geopolitical tensions, persistent global uncertainties and volatility on global financial markets are risks for growth output.
According to the RBI, the Subcommissie discussed important global and domestic macro-economic and financial sector developments and various issues that can have consequences for financial stability.
Kyc
It assessed the progress in various interregulating property, including simplification of KYC processes and special drives for financial inclusion.
The FSDC-SC consulted the National Strategy for Financial Inclusion (NSFI) 2025-30. It also assessed the functioning of coordination committees at state level (SLCCs) in states and trade union areas, as well as the activities of various technical groups.
Published on September 5, 2025
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