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Finance minister Approves Nomination of Uday Kotak & CS Setty to NIIF Council
- The Economic Times |
- Economics (Indian Economy) |
- 2025-01-08
- Finance Minister
- NIIFTL
Finance Minister Nirmala Sitharaman has nominated veteran banker Uday Kotak and SBI Chairman CS Setty to the governing council of the National Investment and Infrastructure Fund Trustee, which provides strategic investment guidance and evaluates investment managers.
National Investment and Infrastructure Fund Trustee (NIIFTL) Governing Council
Finance Minister Nirmala Sitharaman has approved key nominations to the NIIFTL Governing Council.
New Nominations
- Uday Kotak: Veteran banker nominated to the governing council.
- CS Setty: Chairman of State Bank of India also nominated.
Role of the Governing Council
The council offers strategic guidance to NIIF on investments and more.
- Sets parameters for appointing and assessing investment managers and advisors.