<b>Letters:</b> Revisit legal system

This is evident when we observe that courts have been facing a mountain of stressed assets cases

With reference to “Resolving bad loans” (February 27), the view that more institutions are not a solution should reach the ears of decision-makers in the government and the Reserve Bank of India (RBI). When there are no ideas on concrete solutions, it has become a fashion to call for new institutions or committees. This is the game played out by all intellectuals. RBI Deputy Governor Viral V Acharya was no exception when he declared that two new institutions (a private asset management company and a national asset management company) should be created. No doubt your suggestion to empower bankers is