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Commercial viability alone must drive bank stakes in insurance: Irdai chief


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Financial Stability and Development Council takes stock of economy, financial sector


Financial Stability and Development Council takes stock of economy, financial sector
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Synopsis
The meeting was called to discuss the state of the financial sector and a revival strategy for the economy that has been hit hard by the coronavirus pandemic. The meeting, attended by Anurag Thakur, minister of state for finance, Shaktikanta Das, Reserve Bank of India governor and KV Subramanian, chief economic adviser of India, was the second such event since the pandemic struck the country.
Agencies
The previous FSDC meeting was held in May, soon after the government had announced the first tranche of the Atma Nirbhar Bharat package. ....

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