RBI will form a 5-member committee to scrutinize applications and give recommendations on New Umbrella Entity (NUE) licenses. the head of the committee will be?

• R. Vasudevan
• P. Vasudevan
• B. Vasudevan
• S. Vasudevan

Explanation

The Reserve Bank of India (RBI) is going to set up a five-member committee in order to review applications and give recommendations on new umbrella entity (NUE) licences. The RBI chief general manager P Vasudevan will be the head of a five-member committee.