New Delhi, June 20 (KNN) The 20th meeting on Financial Stability and Development Council (FSDC) was held under the chairmanship of Finance Minister Nirmala Sitharaman.

Meeting reviewed the current global and domestic economic situation and financial stability issues including, inter-alia.

The Council was also apprised of the progress made towards setting-up of the Financial Data Management Centre (FDMC) to facilitate integrated data aggregation and analysis as also a Computer Emergency Response Team (CERT-Fin) towards strengthening the cyber security framework for the financial sector.

Also the councils held consultations to obtain inputs/ suggestions of the financial sector regulators for the Budget. All the regulators presented their proposals for the Union Budget 2019-20.

The meeting was also attended by Minister of State for Finance Anurag Thakur, RBI Governor Shaktikanta Das, and Finance Secretary Subhash Chandra Garg among others.