Reserve Bank of India Establishes Technical Advisory Committee on Financial Markets (TCCFM)

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The Reserve Bank of India announced the establishment of the Technical Advisory Committee on Financial Markets (TCCFM) to engage with market participants and stakeholders on policy and operational issues concerning the monetary, government securities, foreign exchange and related derivatives markets and infrastructure. The committee will be chaired by the Deputy Governor in charge of the Financial Markets Regulation Department, with members including representatives from multiple financial institutions and market organizations. The committee will meet at least once every quarter.