HLCC on financial markets meets in New Delhi

HLCC on financial markets meets in New Delhi
PTI
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First Published: Mon, Dec 22 2008. 07 13 PM IST
Updated: Mon, Dec 22 2008. 07 13 PM IST
Mumbai: A High Level Coordination Committee (HLCC) on Financial Markets reviewed the impact of the global financial turmoil on the country’s financial sector and the action taken to address emerging issues.
The meeting, chaired by the Reserve Bank Governor, D. Subbarao, held in New Delhi also reviewed the developments in the domestic financial markets and policy agenda on the way forward, a statement said.
The committee is a high-level forum for interface among financial sector regulators.
Finance Secretary Arun Ramanathan, Secretary, Economic Affairs, Ashok Chawla, Sebi Chairman C.B. Bhave, IRDA Chairman J. Hari Narayan, PFRDA Chairman D Swarup and senior officials of the Finance Ministry, RBI, Sebi and IRDA attended the meeting, the release said.
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First Published: Mon, Dec 22 2008. 07 13 PM IST