The decision was taken at the first meeting of the Parliamentary Finance Panel on Tuesday, which was attended by around two dozen MPs and chaired by BJP MP Bhartrihari Mahtab. Former FM and senior Congress leader P Chidambaram is part of the 31-member panel.
Besides the Sebi chief, the committee will also hold discussions with the respective heads of the Reserve Bank of India, Competition Commission of India, Insurance Regulatory and Development Authority, Pension Fund Regulatory and Development Authority and Insolvency and Bankruptcy Board of India.
“All the six regulators working in the financial sector, including Sebi, have been summoned. We are not going into their jobs, but we will review the performance of the regulators,” Mahtab told ET.
The Parliamentary Panel on Finance will also discuss the demand for grants by the Finance Ministry.
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