Interim pension regulator PFRDA on Monday exuded confidence that the proposed Financial Stability and Devolpment Council (FSDC), will resolve all inter-regulatory issues.PFRDA chairman Yogesh Agarwal told reporters on the sidelines of a function in New Delhi that pension regulator is proposed to be one of the members of the Council (FSDC) along with other financial sector regulators — RBI, SEBI and IRDA.The body, to be set up soon, will be headed by Finance Minister Pranab Mukherjee.AIR correspondent reports that thee basic objective of setting up the council is to provide stability for a healthy development of the financial sector.
News On AIR | October 18, 2010 5:35 PM
FSDC will resolve all inter-regulatory issues: PFRDA