Sir — This refers to the editorial, “RBI under Urjit Patel” (August 23). Urjit Patel will be taking over India’s central bank at a critical juncture. His predecessor, the incumbent RBI chief Raghuram Rajan, has already institutionalised many reforms and stiff measures for which he had to take a lot of heat from different circles. Patel must carry forward his work on controling inflation and rooting out bad loans from ailing banks.
Patel’s appointment is being considered to be free of political considerations. For effective working of the RBI, the government must not indulge in politicking and fist-fighting, and provide a renewed environment free from any undue interference.