MUMBAI, India, Feb. 21 -- Reserve Bank of India issued the following press release:

It may be recalled that, in exercise of powers conferred under Section 45-IE (5) (a) of the RBI Act, 1934, the Reserve Bank had, on January 30, 2025, constituted a three-member Advisory Committee to assist Shri Ram Kumar, Administrator of Aviom India Housing Finance Private Limited (AVIOM) in discharge of his duties. The members of the Committee are:

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Shri Paritosh Tripathi, ex-CGM, State Bank of India

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Shri Rajneesh Sharma, ex-CGM, Bank of Baroda

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Shri Sanjaya Gupta, ex-MD & CEO, PNB Housing Finance Limited

Upon admission of the petition for insolvency resolution process by the New Delhi Bench of the Hon'ble National Company Law Tribunal in...