Android studio unable to load project after updating from 2.2.2 to 2.2.3

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After updating my android studio from version 2.2.2 to 2.2.3 the projects are not opening in my mac osx. Showing error :

Cannot load project:

com.intellij.ide.plugins.PluginManager$StartupAbortedException: Fatal error initializing 'com.intellij.openapi.roots.ProjectRootManager'

enter image description here My Current java version is 1.8.0_101

I had tried to restart my pc but it didn't worked out for me. Please Help!

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vishal On

Make sure JRE and SDK path is correct. If not correct close the project and restart your system.