Committee
Sl |
Name of the Committee |
CONSTITUTION REQUIREMENT |
Composition of the Committee |
|---|---|---|---|
| 1 | Audit Committee of the Board (ACB) | Required as per Companies Act, 2013 |
|
| 2 | Corporate Social Responsibility Committee (CSRC) | Required as per Companies Act, 2013 |
|
| 3 | Nomination & Remuneration Committee (NRC) | Required as per Companies Act, 2013 |
|
| 4 | Share Allotment Committee (SAC) | Required as per Companies Act, 2013 |
|
| 5 | Group Risk Management Committee (GRMC) | Required as per RBI Directions |
|
| 6 | Promoter Dilution Monitoring Committee (PDMC) | Constituted in terms of Equity Dilution at the Banking Subsidiary (‘USFBL’) |
|