Reserve Bank of India, vide its press release dated December 07, 2021, had constituted an Advisory Committee under Rule 5 (c) of the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules, 2019, to advise the Administrator in the operations of the financial service providers during the corporate insolvency resolution process.

Consequent upon the resignation of Shri Srinivasan Varadarajan from the Advisory Committee with effect from February 17, 2023, it has been decided to appoint Shri Vikramaditya Singh Khichi as a member of the Advisory Committee with immediate effect. The Advisory Committee will now comprise of following members:

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

The Advisory Committee shall advise the Administrator in the operations of Reliance Capital Ltd during the corporate insolvency resolution process.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2022-2023/1744