The Reserve Bank of India (RBI) vide its press release dated November 29, 2021 superseded the Board of Directors of Reliance Capital Limited under Section 45 IE of the Reserve Bank of India Act, 1934; and has appointed Shri Nageswara Rao Y as its Administrator with effect from November 29, 2021. The RBI has also, by its press release dated November 30, 2021, constituted a 3-member committee under Section 45 IE of the Reserve Bank of India Act, 1934, to act as advisors to the Administrator.
THE MEMBERS OF THE COMMITTEE ARE:
1. Shri Sanjeev Nautiyal, ex-DMD, State Bank of India
2. Shri Praveen P Kadle, ex-MD & CEO, Tata Capital Limited
3. Shri Vikramaditya Singh Khichi, ex-ED, Bank of Baroda
* RBI vide its press release 2022-2023/1744 dated February 17, 2023 re-constituted the Committee on February 17, 2023, consequent upon the resignation of Shri Srinivasan Varadarajan and appointment of Shri Vikramaditya Singh Khichi, ex-ED, Bank of Baroda w.e.f. February 17, 2023