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Who is the chairperson of the RBI constituted committee on development of housing finance securitisation market?
Question

Who is the chairperson of the RBI constituted committee on development of housing finance securitisation market?

A.

Pranjul Bhandari

B.

Harsh Vardhan

C.

Sanjaya Gupta

D.

Naresh Thakkar

Correct option is B

The correct answer is (b) Harsh Vardhan.
· Harsh Vardhan was appointed as the chairperson of the committee constituted by the Reserve Bank of India (RBI) to develop the housing finance securitisation market.
· The committee was set up to review the existing state of mortgage securitisation in India and to make recommendations to improve its efficiency and effectiveness.
· Harsh Vardhan is a Senior Advisor in the financial sector and has extensive experience in the areas of banking, finance, and capital markets.
· The committee's objective was to develop a robust and sustainable securitisation market for housing finance, which is essential for enhancing liquidity and improving the availability of funds for housing finance companies.
Information Booster:
· Pranjul Bhandari: She is the Chief India Economist at HSBC.
· Sanjaya Gupta: He is associated with PNB Housing Finance.
· Naresh Thakkar: He is the Managing Director and CEO of ICRA Limited.

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