62. Meetings of the Financial Sector Crisis Management Committee

Committee shall hold meetings as and when necessary, but at least once a month when it operates in crisis times and at least once every quarter in non-crisis times.

Management Committee may call extraordinary meetings depending on the circumstances and needs.

Crisis Management Committee shall be constituted by the presence of the Chairperson or the person acting as

Chairperson and the simple majority of the remaining members.

Chairperson from any meeting, any other member shall be elected to preside at such meeting from among the members present at such meeting.