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RBI Governor Sanjay Malhotra
M
Moneycontrol•07-10-2026, 15:20
RBI to Establish Technical Committee for Financial Markets
  • •The Reserve Bank of India announced plans to constitute a Technical Consultative Committee for Financial Markets to strengthen engagement with market participants.
  • •Governor Sanjay Malhotra stated that the committee will provide a structured forum for discussions on financial markets amid rapidly evolving market dynamics.
  • •The announcement aligns with broader institutional efforts, alongside the government's proposed High-Level Committee on Banking for Viksit Bharat.
  • •The government's panel aims to comprehensively review the banking sector and align it with India's growth ambitions, financial stability, and consumer protection.

Key Questions Answered

The Technical Consultative Committee for Financial Markets will be set up by the Reserve Bank of India to strengthen engagement with market participants and other stakeholders on operational and policy issues, providing a structured forum for discussions amid rapidly evolving market dynamics.

The formation of the committee was announced by RBI Governor Sanjay Malhotra on October 7 during his monetary policy statement.

The government's proposed High-Level Committee on Banking for Viksit Bharat is intended to comprehensively review India's banking sector, align it with the country's next growth phase, and safeguard financial stability, consumer protection, and inclusion.