RBI forms Financial Market Consultative Committee for market engagement

The Reserve Bank of India is establishing a Financial Market Consultative Committee to improve engagement with market participants. The committee will address policy and operational issues affecting financial markets, including discussions on money markets, government securities, and foreign exchange markets.

The initiative aims to create a structured platform for dialogue between the central bank and market stakeholders. The committee will also examine the underlying infrastructure of these markets to identify areas for enhancement and streamline operations.