---
title: "FSDC: India's Financial Stability Council | Model Diplomat"
description: "The FSDC is India's apex inter-regulatory body for financial stability, chaired by the Finance Minister. How it differs from the RBI and FSDC sub-committee."
url: "https://modeldiplomat.com/learn/glossary/financial-stability-and-development-council"
---

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Model Diplomat Research Team · Last reviewed June 22, 2026

TL;DR

- The Financial Stability and Development Council is India's apex body for inter-regulatory coordination and macro-prudential supervision of the financial system, chaired by the Union Finance Minister.
- Is the FSDC a statutory body?
- Who chairs the FSDC and its sub-committee?
- How does the FSDC differ from the RBI?
- Which regulators are members of the FSDC?

[Civil Service & Diplomatic Exams](https://modeldiplomat.com/learn/civil-services/glossary)Updated June 22, 2026

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In its meeting chaired by Finance Minister Nirmala Sitharaman in 2023, the FSDC reviewed inter-regulatory coordination on unauthorised digital lending apps, cyber security, and the strengthening of India's framework against financial fraud.

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