<b>Letters:</b> Cure is within reach

There seems to be concerted effort from vested interests to weaken the RBI

With reference to the report, “Reddy: I would have resigned on demonetisation” (January 14), the revelations made by the former Reserve Bank of India (RBI) governor (Y V Reddy) in Naa Gnapakalu (My Memories) and his successor Duvvuri Subbarao in Who Moved My Interest Rate together provide the rationale for setting up the Financial Sector Legislative Reforms Commission (FSLRC) with a “yours obediently” chairperson, by the political leadership of the day. 

The FSLRC chairperson proceeded with an assumed mandate to “cut the RBI to size”, with less emphasis on financial sector legislative reforms per se. The monologue report the chairperson