Every word of ‘Don’t push bankers into indecision’ by S Adikesavan (April 26) has been penned with experience. Ever since the Mallya incident, bankers have been shown in bad light. There are few such sectors where decision-making is required every minute, such asaccepting cash, passing cheques and granting loans.

The vigilance machinery breathing over the shoulders of bankers, especially in PSBs, will have an impact on growth. There should not be a post-mortem of bankers’ decision; but malafide intentions should be dealt with firmly.

S Veeraraghavan

Coimbatore

This is a bold and forthright article. If witch-hunting goes on, bankers will tend to take the easy way out and avoid taking decisions. After the event, any investigating agency can pick holes in the assumptions, projections and assessment of credit limits by the best credit analyst. Circumstances and government policies can change, impacting the viability of projects. Fish farms in coastal areas are an example.

In one fell swoop, the CRZ regulations decimated them, leaving promoters and lenders in the lurch. Another bomb waiting to explode is how bank loans granted for establishing hotels, other than those of the five-star category, are all facing a crisis because with the liquor policy, the hotels become unviable.

KT Rajagopalan

Email

The article discusses the problem well. It is true that NPAs are huge; they cannot be waived nor can action to retrieve them be delayed. But the important point is that the accumulation started a long time back and the present occupants of the concerned positions in banks would need time to examine various factors related to the lending. If pressure is mounted on them it will retard the speed of further lending. The issue requires to be handled delicately.

TR Anandan

Coimbatore

Visa mess

New Delhi’s decision to cancel the visa given to Uighur leader Dolkun Isa to participate in a conference in Dharamsala makes one wonder whether India is toeing the Chinese line. Union Minister Kiren Rijiju’s claim that the visa was cancelled as it was applied for in the wrong category is a poor defence.

NJ Ravi Chander

Bengaluru

The Centre has bungled on the visa issue. The action may soothe China’s feelings but India’s annoyance at China’s bid in the US to block India’s efforts at Masood Azhar being named a global terrorist remains. It would not have been news if India had not first issued the visa. Cancelling it under pressure puts India in an awkward spot. If the cancellation is due to the fact that Beijing had got Interpol to issue a red notice against Isa, alleging he was a terrorist and vice-president of the separatist East Turkestan Liberation Organisation, why was this point ignored while issuing the visa?

KV Seetharamaiah

Hassan, Karnataka

Great news

This refers to your edit, ‘Seizing the moment’ (April 26). India topping the charts on green field FDI is great news in a world which is going through a slowdown. We need to sustain this pace of FDI and increase it in the decades to come to create jobs which will improve the quality of life for millions of people. We need to invest more in education and in developing skills to make our population employable. Experts point to the fact that the southern States will become much more prosperous because of their better performance in education and healthcare, and their healthy sex ratio.

CR Arun

Tiruchirappalli

Feel-safe feature

The DoT announcement that with effect from January 2017 new mobile phones should feature a panic button is a step in the right direction. It will make people feel safer.

HP Murali

Bengaluru

Erratum

With reference to the report ‘Shell India launches “Shell Diesel”’ (April 7), Shell India has clarified that the launch was of diesel at market price.

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