India scores well on Financial Stability Board (FSB) reform report card to G20

Posted on:04 Jul 2017 16:35:30
India scores well on Financial Stability Board (FSB) reform report card to G20
04 July 2017 Current Affairs: The Financial Stability Board (FSB), an International body for the global financial system placed India in the league of countries that are compliant or largely compliant on the implementation of priority area reforms. 

The G20 Summit in Germany to be attended by Prime Minister Narendra Modi, among other world leaders, the FSB has submitted its status report on progress in financial regulatory reforms in various jurisdictions, including India.

The country includes Argentina, Australia, Brazil, Canada, China, Hong Kong, Indonesia, Japan, Mexico, South Korea, Russia, Singapore, South Africa, Switzerland, Turkey and the United States of America.

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