Regulator calls for recommendations on exchange, depository, clearing corporation rules.
Funds no longer need to obtain positive consent for shift in investment strategy.
Five firms said to be involved in exchange being unable to repay investors,
Indian central bank also working on means of recapitalising or resolving stressed banks.
Outgoing chairman UK Sinha says lenders need to hedge lending exposure to the sector.
Integration of exchanges to follow, allowing single-platform trading of commodities, equities and currencies.
Regulator to consider institutional investor participation; integrate spot, derivatives markets.
Senior finance ministry official Ajay Tyagi to replace UK Sinha on 1 March.
Indian central bank also setting up standing committee on cybersecurity.
Regulator in advanced stages of discussion with special investigation team.