Chairman, Department of Posts Expert Committee on Role of Post Offices in Financial Inclusion, December 2009.
Member, Ministry of Finance Working Group on Foreign Investment, November 2009.
Board of directors, Ascent Capital Advisors, 2008-.
Member, Internal Working Group of Ministry of Finance on Internal Debt Management, 2008.
Member, Task Force on Implementation of Goods and Service Tax, 13th Finance Commission, 2008.
Member, Expert Advisory Group for Gujarat International Finance Tec-City Company (GIFT), 2008-.
Board of directors, Gujarat State Fertilisers, 2006-.
‘Virtual member’ of Raghuram Rajan committee on financial sector reforms, 2008
“Core Team of Consultants” for High powered expert committee on making Mumbai an international financial centre, chaired by Percy Mistry, Ministry of Finance, 2007.
Member, Forward Markets Commission Risk management group, 2005–2007.
Board of directors, Centre for Monitoring Indian Economy, 1993–.
Board of directors, National Securities Clearing Corporation, 1997–.
Board of directors, Clearing Corporation of India Ltd., 2001–.
Advisor to Task force on FRBM Implementation, chaired by Vijay Kelkar, Ministry of Finance, 2004.
Board of directors, National Commodity Derivatives Exchange, 2003-2005.
Board of directors, Deposit Insurance and Credit Guarantee Corporation., 2000–2005.
Member, RBI Technical advisory committee on the money and government securities markets, 1999-2001.
Member, RBI Advisory group on reforms in deposit insurance in India, Chaired by Jagdish Capoor, 1999.
Member, RBI Technical group on the repo market, 1999.
Member, RBI Group on Securities Clearing Corporation, 1999.
Member, SEBI Risk management group, 2002–2005.
Member, SEBI’s Secondary markets advisory committee, 2002–2004.
Member, SEBI’s L. C. Gupta Committee on Policy for Derivatives (1996).
Member, Executive Committee, National Securities Depository Ltd., 1996-2008
Member, Project OASIS Committee on old age social and income security (Chaired by S. A. Dave), Ministry of Social Justice and Empowerment, 1999.
Member, Investment Committee for Endowment Fund, IIT, Bombay., 1999-2000.
Board of Scholars, Centre for Civil Society, Delhi, 1999-.