Letters to Editor - The Hindu BusinessLineSENSEX 82,500.82+ 328.72NIFTY 25,285.35+ 103.55CRUDEOIL 5,281.00 -181.00GOLD 122,050.00+ 1,557.00SILVER 148,304.00+ 1,980.00SENSEX 82,500.82+ 328.72NIFTY 25,285.35+ 103.55NIFTY 25,285.35+ 103.55CRUDEOIL 5,281.00 -181.00CRUDEOIL 5,281.00 -181.00GOLD 122,050.00+ 1,557.00'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth();]]>Updated - October 10, 2025 at 09:24 PM.Strengthening banksWith reference to the editorial ‘Expected credit gain’ (October 10), the new Expected Credit Loss (ECL) framework is pragmatic and farsighted. The new framework is in line with the aspirations of the Indian banking system to become globally competitive and move towards greater global integration. It will encourage early granular understanding of risk, proactive risk management and will enhance the resilience of the system as it introduces provisioning for potential future loss. It will also improve transparency and accountability, aligning with global standards. The latest reforms announced by RBI appears to be a precursor to a further consolidation and strengthening of the banking sector.Kosaraju ChandramouliHyderabadSEBI reformsThis refers to ‘SEBI rationalises broker fines, eases bourses rules’ (October 10). The recent SEBI reforms to standardise fines and streamline reporting highlight the need for fairness in market regulation. SEBI has rationalised many penalties, introducing warnings and caps, but smaller brokers may still face higher compliance burdens than larger firms. Past reforms, like those in 2019, overwhelmed many smaller brokers with fines more manageable for bigger players. While current changes aim to reduce these risks by eliminating redundant penalties and standardising fines, continuous monitoring is essential to ensure fairness without placing excessive pressure on smaller brokers. SEBI must provide targeted support to ensure that these changes do not disadvantage smaller players.S BalasubramaniyanVillupuram, TNEconomic growthThis refers to ‘India on track to become $5 trillion economy by 2027, says Gadkari’ (October 10). With the level of economic activities going on in the Indian economy, nominal GDP or even real GDP can be achieved as being planned. But what is needed in India is inclusive growth. Every sector in the country should optimise its growth. Especially agriculture and labour-intensive manufacturing enterprises should register maximum growth, as they are the main strengths of the Indian economy. Also, there should be sustained human capital formation in different sectors and to ensure that involuntary unemployment is reduced to negligible levels .S RamakrishnasayeeChennaiPublished on October 10, 2025Sign into Unlock benefits!Access 10 free stories per monthAccess to comment on every storySign up/Manage to our newslettersGet notified by email for early preview to new features, discounts & offers${ ind + 1 } ${ device }Last active - ${ la }