Letters: Reforms with recap

Governance reforms in all public sector banks will also feature as a big part of the overall plan at face value

This refers to your editorial “RBI’s justified caution” (December 7). With the Monetary Policy Announcement on December 6 and the media interaction that followed, RBI governor Urjit Patel and his team have given clear signals to the doubting public that this season, RBI has no blurred vision as far as the conduct of monetary policy is concerned. Further, the doubts about banking sector reforms including the focus on governance issues of public sector banks being aired by economists and analysts have been cleared by the assurance that “we don’t sow the seeds of the next boom and bust cycle of