Finmin appoints SBI Chairman C S Setty, Uday Kotak as governing council members of NIIF Trustee

The Finance Ministry has appointed two new members to the Governing Council of the National Investment and Infrastructure Fund Trustee Ltd (NIIFTL) with SBI Chairman C S Setty and Kotak Mahindra Bank director Uday Kotak joining the council. NIIF was set up to boost infrastructure financing, amidst recent approval for additional equity infusion by the government.