Letters: Leave RBI out of mess

In a country where there is a debate even on RBI representatives joining the bank boards

With reference to the article, “The politics of tackling NPAs” by A K Bhattacharya (March 29), I support the central government’s reported move to ask the Reserve Bank of India (RBI) to lead the resolution of non-performing assets. The RBI’s good name will likely prevent political controversy.
 
However, the article does not discuss the likely repercussions of such an act on the RBI’s reputation — many of the decisions could be criticised or scrutinised.
 
I am surprised by the insistence of bankers for pre-vetting of their NPA resolution decisions as if they have lost faith in the institutional