UTI lost between 20-25% and he said the nature of decisions needed to be examined. "The Unit Trust of India, a large body where the Reserve Bank of India, IDBI and everybody is represented, is wrong. They may be bona fide and yet erroneous," he said. Jaitley said he was sure Sinha would deal with the questions and resolve UTI's issues.If the government were to start interfering, it would set an unhealthy precedent though investor protection was its responsibility. Sinha said he'd explain a roadmap to secure investor interest, and suggested that the discussion consider options to revive UTI.

Source: Times of India September 27, 2017 22:30 UTC