India, July 1 -- By Shailesh Yadav

New Delhi [India], July 1 (ANI): The Appointments Committee of the Cabinet has approved a one-year extension for the leadership of the Financial Services Institutions Bureau (FSIB), extending their tenure until June 30, 2026.

The decision affects the current chairperson and six part-time members of the FSIB, whose terms were set to expire on June 30, 2025. The extension will be effective from July 1, 2025, or until further notice, whichever comes earlier.

Bhanu Pratap Sharma, former Secretary of the Department of Personnel and Training, will continue as part-time chairperson of the bureau.

The Department of Financial Services issued the extension notification on June 30, 2025, just hours before the o...