They also deliberated upon the status and developments under the IBC, and the working of credit rating agencies, the RBI said in a statement.
This comes after Finance Minister Nirmala Sitharaman interacted with country's top regulators at FSDX meeting on Thursday
Candidates can apply for the posts through online mode only and the application window is opened from March 7-23, the regulator said in a notice.
One of Sebi's key objectives is to protect investor interest and market integrity.
The extension comes on a day the benchmark Sensex logged one of its worst-ever crashes amid a global selloff due to the spread of coronavirus
Initially, Tyagi was appointed for a period of three years and was eligible for an extension of two years
Tyagi also had to struggle to preserve the autonomy of the market regulator
While an individual investment adviser will have no option of offering distribution services separately, corporate entity may have leeway as long as it keeps segregation at the client-level.
When asked if he needs to re-apply for the post following the advertisement issued by the government last month, he declined to comment
Tyagi said also said KSBL has told the NSE that it would pay fund shortfall of Rs 678 crore by March
Observers said an extension to Tyagi could be a possibility as the advertisement, which was floated, gave just two weeks to those interested to apply for the post
The comments come within a month of NSE chief executive Vikram Limaye having said that the stock exchange intends to launch its initial public offering (IPO) by September
Tyagi took charge from his predecessor U K Sinha on March 1, 2017, for five years but it was later slashed to three years
The new plan involves creating a "data lake" project to augment analytical capabilities, he said while speaking at the Speaking at the National Institute of Securities Markets at Patalganga near here.
Tyagi's tenure ends on February 28, 2020, while whole-time member Madhabi Puri Buch is completing her three-year term on April 4, 2020
Amid instances of crises at various entities in the financial sector, Sebi chief Ajay Tyagi on Monday said such things affect trust of investors but that do not mean everything is wrong, and the regulator is taking steps quite quickly. "Whatever improvement is required, we are doing it quite quickly... whatever is in Sebi's domain," Tyagi said and referred to action taken in the case of crisis at Karvy Stock Broking Ltd. When asked whether instances such as crisis at DHFL, IL&FS and KSBL have impacted investors' trust, Tyagi said, "definitely such things affect the trust (of investors) but that does not mean everything is bad or everything is wrong". According to him, whatever was in Sebi's domain, the regulator has done things quite promptly. "Karvy was in our domain. We did very promptly. We are trying to improve on rating agencies side... and on bond market development," he said. On November 22, Sebi barred KSBL from taking new clients in respect of its stock broking activities
The Code came into force in December 2016
Regulator within its rights to take action against audit firms, says Sebi Chairman
In November, the Supreme Court stayed a SAT order which had held that Sebi does not have the power to bar auditors
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