Shantanu Guha Ray on what kind of qualities a SEBI Chief needs to have

Shantanu Guha Ray, author of The Target and other books, pooh-poohs the claims that bureaucrats have no choice but to toe the line of a minister. A stinging assessment of the current functioning of the SEBI and what needs to happen.


  1. Who indeed wants an ” honest and bold” bureaucrat? None at all, to be frank. From my experience of 35 years in the IRS, I can confidently assert that there is absolutely no place for such an entity in the entire system–never since 1947. I have too many instances in my stock, but it’s no use even hinting at one.


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