Indianmandarins has learnt that SBI chairperson Arundhati Bhattacharaya is the frontrunner for the post of Sebi chief. At the same time it is believed that incumbent U K Sinha can’t be placed outside the race as he is said to be using his ‘cultivated connections’ to get his extension extended further.
Ms Bhattacharya was appointed as SBI chief on September 30, 2013, following the retirement of Pratip Chaudhuri. She has a tenure of three years and would superannuate at the end of September 2016. Like at the time of appointment as SBI chairperson, her name is not in wide circulation for the post of Sebi chief.