RMAN restore on ASM fails ORA-12547: TNS:lost contact, WARNING: ASMB0 exiting with error

Problem:

We were not able to restore controlfile on +FRA diskgroup:

RMAN> restore controlfile to '+FRA' from '<backup file location>';
....
RMAN-03002 failure of restore command at 2021/05/24 19:12:19
ORA-19870: error while restoring backup piece 
ORA-19504: failed to create file '+FRA'
ORA-17502: ksfdcre:4 Failed to create file +FRA
ORA-15001: diskgroup "FRA" does not exist or is not mounted
ORA-12547: TNS:lost contact
ORA-12547: TNS:lost contact

Reason:

oracle binary under GI home did not have correct permissions:

[grid@rac1 bin]$ ll oracle
-rwxr-x--x 1 grid oinstall 420332360 Oct 13  2020 oracle

Solution:

Change permissions to 6751 and retry the restore:

[grid@rac1 bin]$ chmod 6751 oracle

[grid@rac1 bin]$ ll oracle
-rwsr-s--x 1 grid oinstall 420332360 Oct 13  2020 oracle