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Question

Who was appointed by the RBI to serve as a member of the Advisory Committee for Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL)?
  • Girish Chandra
  • V Ramachandra
  • Poonam Gandhi
  • None of the above
Answer- B
As a member of the Advisory Committee for Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), V Ramachandra, the former Chief General Manager of Canara Bank, has been appointed by the Reserve Bank.

The committee of three members created under the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019, will continue to serve as an advisory body, even after the admission of the petitions by the NCLT.