Financial sector regulators, including the Reserve Bank, will review India's preparedness to deal with the looming global economic crisis and devise steps to mitigate its impact on the country at their meeting in New Delhi on Thursday. The meeting of the Financial Stability and Development Council, FSDC sub-committee, will also see discussion on an additional regulatory mechanism to deal with global problems. Official sources said in New Delhi that the Committee will discuss whether everything is properly functioning and also assess what more needs to be done.
News On AIR | November 2, 2011 9:22 PM
Financial regulators, RBI to review economic crisis preparedness