FSDC deliberates on ways to deepen corporate debt market

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Agencies: New Delhi , Nov 10 2012, 18:42 IST
Affairs Secretary Arvind Mayaram, Department of Financial Services Secretary D K Mittal and other senior officials of the Finance Ministry were also present at the meeting.

While reviewing the global economic situation specifically in the Eurozone and the US, the council assessed the external sector vulnerabilities as also risks arising out of the same.

Recent steps taken by the government and the financial sector regulators to address the concerns were briefly discussed, it said.

It deliberated on various policy suggestions on mitigating the vulnerabilities through moderating imports, promoting exports and encouraging capital flows through progressive liberalization, it added.

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