Research Advisory Committee (RAC)

#	Members Details	Capacity
1	Dr. V. Ravi Anshuman Professor, IIM Bangalore	Chairperson
2	Mr. Samir Shah Executive Vice-Chair & Group President, DVARA Trust & Ex MD & CEO, NCDEX	Member
3	Dr. H K Pradhan Professor of Finance & Economics, Xavier School of Management (XLRI)	Member
4	Mr. Madan Sabnavis Chief Economist, Bank of Baroda	Member
5	Mr. Pawan Agrawal Chief Risk Officer, CRISIL	Member
6	Mr. Sudhir Bassi Executive Director, Khaitan & Co	Member
7	Dr. N. R. Bhanumurthy Vice-Chancellor, Dr. B. R. Ambedkar School of Economics University, Bengaluru	Member
8	Mr. Vikram Kothari Managing Director, NCL	Member
9	Mr. Piyush Chourasia Chief Regulatory Officer and Head Strategy, NCL	Member
10	Dr. Prachi Deuskar Faculty member, ISB	Member
11	Ms. Aarti Nihalani Partner, Oliver Wyman	Member
12	Dr. Jitendra Mahakud Professor, IIT Kharagpur	Member
13	Dr. Latha Chari Professor, NISM	Member
14	Dr. Apoorva Javadekar Faculty member, ISB	Member
15	Mr. Pramod Rao Executive Director, SEBI	Member
16	Dr. Prabhas Kumar Rath Chief General Manager, SEBI	Member Secretary

Terms of reference of the Committee:

1.Defining objectives, scope and direction of research relevant for development and regulation of capital markets in India and for SEBI, especially keeping in view the linkage of research to policy making.

2.Strategy for effective execution and delivery of research identified under item 1 above.

3.Promotion/development/maintenance of databases relevant for capital market regulation research.

4.Exploring research collaborations with external researchers, including other regulators as well as academic institutions, both domestically and overseas, as appropriate.

5.Promotion/development of research proposals in-house as well as by interested external researchers.