Risk Management Committee

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....ment Committee as specified in Part D of the Schedule II are discharged by audit committee or by the board of directors or a risk management committee constituted by the board of directors as per this regulation. (2) The risk management committee shall have minimum three members with majority of them being members of the board of directors, including at least one independent director. (3) Th....

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....m fit including cyber security: Provided that the role and responsibilities of the risk management committee shall mandatorily include the performance of functions specified in Part D of Schedule II. (7) The risk management committee shall have powers to seek information from any employee, obtain outside legal or other professional advice and secure attendance of outsiders with relevant expe....