The Reserve Bank of India today released, for the first time, the abridged version of the detailed minutes of the meeting of the Sub Committee of the Financial Stability and Development Council (FSDC-SC) held on August 9, 2014 at the New Delhi office of the Reserve Bank of India. The abridged version contains the agenda items of the meeting along with a summary of the discussion thereof.

In the FSDC-SC meeting held on August 9, 2014, it was decided that for greater transparency, apart from the usual press release, an abridged version of the minutes of the FSDC and the FSDC-SC would be put in public domain with a lag of about four weeks. The press release following the meeting was issued by the Reserve Bank on August 9, 2014.

Alpana Killawala
Principal Chief General Manager

Press Release : 2014-2015/814