Letters: Uniform policy needed

Apropos the editorial, “No half-measures” (June 2), despite existing schemes and various steps to resolve the bad assets crisis, the situation is turning worse and having a cascading effect on the performance of banks.

Some private sector banks have resorted to under-reporting of their bad assets. The measures for solving the problem are either not on target or not comprehensive enough to cover those segments of the economy that are contributing to bad assets in the banking sector.

At a time when the banking regulator has started taking prompt corrective action with several public sector banks, speedy resolution of the bad assets