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Finance minister Approves Nomination of Uday Kotak & CS Setty to NIIF Council

08 Jan 2025
1 min

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.

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