India's Financial Stability Council Flags Risks From AI Boom and Rising Global Bond Yields
What Happened
India's Financial Stability and Development Council (FSDC), chaired by Finance Minister Nirmala Sitharaman, reviewed emerging financial risks at its 30th meeting in New Delhi on October 23, 2026. The council highlighted geopolitical uncertainty, rapid AI growth and rising global bond yields. It called for stronger regulatory coordination, financial safeguards and cybersecurity preparedness.
Key Takeaways
The council urged proactive measures to protect India's financial system from emerging global risks. It also discussed fintech reforms, digital investment infrastructure and more frequent regulatory meetings.