Banking and Finance
Bank equity
This refers to the news item ``Andhra Bank to shed more equity'' (Business Line, July 3). It is quite surprising that the banks which have raised equity in the recent past and also the ones likely to go in for a public issue shortly are proposing to retu rn the equity capital to the Government.

Mutual Funds
The UTI mess
One cannot understand the intervention of the Government and its questioning the recent decisions of the UTI management. Despite all the talk about autonomy of financial institutions, the Government continues to meddle in their affairs though it is their managements which are responsible for results. This is yet another instance of the Trisankhu Swarga (neither here nor there) in which we are living so far as economic management is concerned.

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