Letter to BS: Investigation agencies should apply operational independence

Surely, IBA - headed and manned by very senior bankers - understands this. I think the organisation is playing to the gallery and making allegations where none are warranted

Apropos your highly balanced editorial “Don’t hound bankers” (25 June), differentiation between “witch hunting” and “genuine mistakes” is not an impossible task. You have drawn the right conclusion to the present controversy when you say that "proper systems must be put in place to ensure that investigations do not degenerate into an ever expanding witch hunt against bankers". Clearly, you can't throw the baby out with the bath water. Even if the agencies have acted in haste and made a mistake in their over enthusiasm, a responsible body like the Indian Banks Association (IBA) should not conclude that the government