....... The decision to set up an IAB was taken by the Sebi board in its meeting on July 28, pursuant to which Sebi began the process of setting up this board. For the probable names, Sebi had sought suggestions from its Whole Time Members, as also from the two former RBI Governors YV Reddy and Bimal Jalan, besides Raghuram Rajan, Professor of Finance, University of Chicago, and Kaushik Basu, Chief Economic Adviser, Ministry of Finance..........
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