Overview

• The 29th FSDC meeting will be chaired by Finance Minister Nirmala Sitharaman and attended by heads of the RBI, SEBI, IBBI, IFSCA and other financial regulators in Mumbai.
• The council will review India’s 6.5% GDP growth in FY25—the lowest in four years—and 7.4% expansion in Q4 after the RBI’s record Rs 2.7 lakh crore dividend payout.
• Regulators will discuss enhanced inter-agency coordination to curb digital fraud and monitor emerging financial stability risks.
• Officials will evaluate proposals to simplify and digitalise the Central KYC process to speed customer onboarding across the financial sector.
• The agenda includes implementing a new mechanism announced in the Budget to assess the impact of current financial regulations and guide future reforms.