Letter to BS: Confrontation between govt, RBI not doing any good to country

The finance minister's comment on "RBI not checking reckless lending by the banks" has some truth in it

Apropos “Fin min, RBI divided on NBFC liquidity situation” by Somesh Jha, Arup Roychoudhury and Shrimi Choudhary (October 31); this continuing public confrontation between the government and the Reserve Bank of India (RBI) is not doing any good to the country's image, leave aside sorting the NBFC liquidity issue. Both sides must use restraint — as articulated in your editorial “Avoidable path” on October 30 — and sit down for a detailed discussion without any preconceived notions in mind. If the honorable governor adopts a less heroic approach and looks at the problem from a holistic angle, I am certain