Letters: Bad bank and worse

Urgency in reversing the rise in stressed assets with banks is universally admitted reservation

With reference to “Good banks and a bad bank” (March 27), the urgency in reversing the rise in stressed assets with banks is universally admitted without any reservation. When it comes to solutions, there can be, and are, differences in perception of responsibilities and, thus, methods to tackle the problem. In any case, it is late to think of a surgical approach isolating sectors such as infrastructure, industries or farm loans, and any solution will have to have the health of banks in view. The bad bank idea, mooted last year, didn’t find favour with then Reserve Bank of India