Source: The Hitavada      Date: 16 Mar 2018 11:20:08

IN A WAY Governor of Reserve Bank of India (RBI) Mr. Urjit Patel has admitted that the poison of corruption has spread across the banking system and that the apex bank was willing to act as ‘Nilkanth’ and drink the poison as Shiva had done during mythological great churning of the ocean. It is also pertinent to note his comment that no banking regulator can catch or prevent a fraud. This is a significant observation by the RBI Governor. If this be the case then the countrymen can expect banking system to be plundered by crooks like Neerav Modi and Mehul Choksi on a regular basis and no authority in the banking system will be able to prevent that plunder by unscrupulous elements due to ‘unholy nexus’ between business people and bank officials. Mr. Patel thus has also acknowledged the presence of an ‘unholy nexus’ in the system that is eroding the credibility of the banking system. Mr. Patel is quite right in saying that these fraudulent practices amount to looting of our country’s future. But then who is to prevent this loot if not the RBI as the watch-dog of the nation’s monetary system?


SOME years ago when Saina Nehwal had managed to breach the ‘Chinese Wall’ with precision of a surgeon the badminton world was ready to welcome a new force on the courts. With Pullela Gopichand by her side, Saina had done what many in world badminton found an impossible task -- beating the Chinese opponents. Conquering the Chinese shuttlers formed the template for champions but somehow Saina Nehwal could not hold on to the course. Plagued by recurring injuries and change in tactics Saina is now finding it very difficult to stay among the top ten shuttlers in the world. The loss to World No. 1 Tai Tzu-Ying at the All England Championship is another scary reminder to the Indian ace of her inconsistent ways. That she could not beat her Taiwanese opponent in last eight encounters speaks of the flaw in technique as well as mental make-up of Saina Nehwal. A quick relook at her strategies and daily regimen is of utmost importance for Saina. She can take a leaf out of Roger Federer’s book on surmounting injuries and ageing body.