After superseding the boards of Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL) on Monday, the RBI has appointed a three-member Advisory Committee to assist the administrator of the two crisis-ridden firms.
The Reserve Bank of India (RBI) superseded the board of directors of SIFL and SEFL and appointed Rajneesh Sharma, ex-chief general manager, Bank of Baroda, as the administrator.
“The Reserve Bank…has constituted a three-member Advisory Committee to assist the Administrator in discharge of his duties,” the central bank said in a statement.
The members of the Advisory Committee are — R Subramaniakumar (former MD …
Related posts:
14th Round Of India-China Military Talks Fails On Outcome But Scores On Cordiality
CBI Arrests DSIIDC Sr Official, Private Person For Accepting Bribe Of Rs 1.70 Lakh
SBI Successfully Prices Its First International USD Denominated Public Bond For $300 Mn
Shipping congestion is growing at world’s biggest port
