Letters to Editor - The HinduBusinessLineSENSEX 77,472.94 -183.15NIFTY 24,207.75 -126.80CRUDEOIL 7,855.00+ 18.00GOLD 161,054.00 -1,828.00SILVER 241,105.00 -3,022.00SENSEX 77,472.94 -183.15NIFTY 24,207.75 -126.80NIFTY 24,207.75 -126.80CRUDEOIL 7,855.00+ 18.00CRUDEOIL 7,855.00+ 18.00GOLD 161,054.00 -1,828.00'; } 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 - August 26, 2026 at 09:18 PM.Unfair to bank customersThis refers to the timely Editorial ‘Unkind cut’ (August 26). While agreeing with the Editorial that the proposed bank levy on cash withdrawals is unfair, PSBs like SBI by imitating the ways of profit savvy private sector banks, are going against the objectives for which they were established. Since SBI may not go back on its ‘unkind cut’, the ‘cash savvy’ customers must brace themselves for the inevitable.SK GuptaNew DelhiWith reference to “Unkind cut” (August 26), SBI’s proposal to levy charges on cash withdrawals from its ATMs beyond minimum count is deplorable, though banks may justify these charges for maintaining ATMs.In spite of increasing UPI transactions, small businesses still depend on cash transactions.People in remote areas and labourers need easy and regular access to their savings bank accounts.Sitaram PopuriBengaluruAdvantage PSBsThis is with reference to the report ‘Public sector banks more efficient than pvt lenders’ (August 26). The working paper submitted by the PM-EAC stating that the public sector banks performance in FY 26 is efficient is a good development. This is significant as PSBs provide more services to the under privileged sections in rural areas than their private sector counterparts who focus more on urban and metropolitan areas. Capital infusion by the government and the improved customer service along with technological upgradation have made the PSBs improve their efficiency. PSBs should also focus more on customer-requirement transactions especially keeping in mind the young entrepreneurs.Katuru Durga Prasad RaoHyderabadF&O risksThis refers to “Persisting retail F&O losses spur call for tighter eligibility filters” (August 26). It rightly highlights concerns over continuing retail losses in F&O trading. While stricter eligibility norms may be necessary, regulation should not focus exclusively on retail traders.While examining retail participation, SEBI should also closely monitor large and sophisticated participants to ensure fair price discovery and prevent manipulation. SEBI’s recent action against a major market participant for alleged expiry-day price manipulation underscores the need for such scrutiny.Srinivasan VelamurChennaiPublished on August 26, 2026Sign 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 }