The Reserve Bank of India has announced the establishment of a Technical Advisory Committee on Financial Markets, which will be chaired by the Deputy Governor in charge of the Financial Markets Regulation Department.
The committee comprises seven external members: Ananth Narayan, Shamsher Singh, Neeraj Gambhir, Shailendra Jhingan, Aditya Bagri, Nand Kishore, and Ridham Desai.
The committee's mandate covers the money market, government securities market, foreign exchange market, and related derivatives markets.
Its scope of work includes market efficiency, trading infrastructure, emerging policy issues, and financial innovation.
The Technical Advisory Committee on Financial Markets will meet at least once every quarter.
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