RBI sets up Technical Consultative Committee for Financial Markets
In short
The Reserve Bank of India said it has formed the Technical Consultative Committee for Financial Markets. The move was announced in a press release tied to the October 7, 2026 policy statement, and the panel will look at money, government securities and foreign exchange markets, plus related derivatives and infrastructure.
It will be chaired by the Deputy Governor in charge of FMRD. The reporting does not say when the committee will start work or what specific policy changes may follow.
What the reporting says
The Reserve Bank of India announced the constitution of the Technical Consultative Committee for Financial Markets in a press release linked to its October 7, 2026 policy statement. The committee is meant to support structured engagement on money, government securities and foreign exchange markets, plus related derivatives and infrastructure. It will be chaired by the Deputy Governor in charge of FMRD, but the release does not say when it will first meet or what decisions it will take.
Why it matters
The Reserve Bank of India announced a new Technical Consultative Committee for Financial Markets after its October 7, 2026 policy statement. The committee is designed to provide structured engagement with market participants on money, government securities, foreign exchange and related derivative markets. Named members include officials and bankers from SEBI, SBI, Axis Bank, ICICI Bank, Citibank India and Clearing Corporation of India Limited. The immediate impact is procedural; any market effect beyond consultation is not stated.