The Financial Stability and Development Council (FSDC) sub-committee headed by RBI Governor Shaktikanta Das today resolved to remain to emerging challenges following the coronavirus outbreak and take necessary action to preserve financial stability. <br />''<br />''The RBI in a statement said, the meeting, held through video conferencing, was attended by officials of financial sector regulators including SEBI and IRDAI as well as finance ministry.<br />''<br />''The panel also reviewed the major developments in the global and domestic economy and financial markets that impinge upon financial stability.<br />''<br />''Amongst other things, it discussed the proposal of setting up of an Inter Regulatory Technical Group on Fintech and the National Strategy on Financial Education 2020-2025.<br />''<br />''The RBI said, the body also deliberated upon the status and developments under the Insolvency and Bankruptcy Code (IBC), 2016 and the working of credit rating agencies.<br />''<span style="color: #222222;"><br />''Governor Das said the FSDC-SC remains as an important forum for discussions between the various ministries of the government with the regulators and among the regulators as well.</span><br />