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The decision, made by a high-powered committee headed by PM Modi, was opposed by Congress leader Adhir Ranjan Chowdhury in Lok Sabha.
The application deadline to top posts at the Central Vigilance Commission has been extended a third time due to a "lack of response" from eligible candidates, the personnel ministry said.
CVC identifies 100 bank frauds to understand and prescribe solutions, so that the systemic failure which led to a surge in NPAs can be addressed.
Singh, whose two-year extension expires this month, is monitoring many high-profile cases, including ones involving Nirav Modi and Vijay Mallya.
The Central Vigilance Commission has also started an investigation into deposits made by government officials in the 40-day period of demonetisation.