The Syndicate shall have its Standing Finance Committee for regulating and controlling its finances. It shall consist of the following :-

• The Vice-Chancellor;
• The Pro-Vice-Chancellor;
• The Financial Advisor;
• The Educational Advisor to the Government or the officer designated by the Government to be incharge of Higher Education
• Two members of the Syndicate nominated by the Syndicate; and
• The Registrar 

The nominated members of the Committee shall hold office for a period of three years.

Powers & Functions :- 

• To examine the annual budget consolidated by the Registrar and endorsed by the Financial Advisor and to advise the Syndicate thereon;
• To review the financial position periodically;
• To devise means for the improvement of the financial position of the University.
• To examine every proposal of new expenditure not provided for int he budget;
• To perform such other functions as the Syndicate may, from time to time.