The last date for candidates to apply to be India's next Securities and Exchange Board of India (Sebi) chairperson closed on October 7. But the finance ministry is not too pleased with the 55 plus applications it has received. CNBC-TV18 learns that a selection and search committee, comprising Cabinet secretary and the economic affairs secretary Shaktikanta Das, may invite 'suitable' candidates with 'high stature'. The committee may also look outside of IAS. Extending the timeline to invite applications is also not ruled out.
The prominent applicants include Ramesh Abhishek, former FMC chairman; Subir Gokarn, former RBI deputy governor; Rajeev Kumar Agarwal, Sebi Member; Thomas Mathew, former joint secretary, Capital Markets and Arvind Mayaram, former DEA secretary.
UK Sinha's tenure ends early next year.
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