NEW DELHI: The Finance Ministry on Tuesday inducted two new members in the governing council of the National Investment and Infrastructure Fund Trustee Ltd (NIIFTL) which provides strategic guidance on a number of matters including investment of the corpus of NIIF.
The new members are SBI Chairman C S Setty who replaced his predecessor Dinesh Khara, while veteran banker and Kotak Mahindra Bank director Uday Kotak replaced T V Mohandas Pai.
The nomination has been made with the approval of the Finance Minister Nirmala Sitharaman, who is the chairperson of the Governing Council, according to a circular issued by the Department of Economic Affairs under the Ministry of Finance-PTI