Dr Mehta May Be Financial Sectors Super-Coordinator

The finance ministry is toying with the idea of appointing a super-coordinator for the financial sector. Devendra Raj Mehta, who is slated to step down as Securities and Exchange Board of India (Sebi) chairman next month, is tipped to become the first super-coordinator.

State Bank of India chairman Janki Ballabh is likely to step into Mehta