NEW DELHI (Reuters) - The finance ministry has extended Upendra Kumar Sinha's tenure as head of the country's securities regulator by two years, two sources familiar with the matter told Reuters on Thursday.
"Sinha has been given two years' extension," a senior finance ministry official told Reuters.
Another senior finance ministry official separately confirmed the extension for Sinha.
The extension gives the career bureaucrat more time to continue pursuing reforms aimed at bringing more transparency to stock markets.
(Reporting by Manoj Kumar in NEW DELHI; Writing by Himank Sharma in MUMBAI; Editing by Rafael Nam)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app