As regulators of the banking system, it is, however, important for the Reserve Bank of India to remain cautious against imprudent practices for short term gains. The current focus of its regulations is to ensure orderly growth of housing loan portfolios of banks.
This reminds me of an old adage in Hindu mythology, which is somewhat similar to impossible trinity: that the idols of Brahma (the creator), Vishnu (the preserver), and Shiva (the destroyer) cannot be kept under the same roof! Among three, who should be kept out? There is no rule or convention.