Hello..how much is your cholestrol level?If its somewere near normal, home remedies might help. but if cholestrol levels are above 300 pls consult a doctor and take medicines. In ayurveda there are ample options to reduce cholestrol levels and maintain health. Drinking ladies finger water will not alter sugar levels for sure.

Drink 6 to 8 glasses of water daily. 2.Ladyfinger works wonder. Just keep in mind it should not be fried else its nutritional properties does not remain. . . 3. Start your day with fresh fruits and grains such as oats that are high in soluble fiber.  . 4. Minimize consumption of animal products including dairy products.  5.  Consume fish   viz salmon, sardine and tuna as well as oysters, clams and mussels. 6. Bananas,pears , avocados ,berries are good. 7. Orange juice is best in juices and blueberry juice is also good. 8. Restrict consumption of Omega-6 rich oils 9.  Eat  strawberries, apples, nuts, carrots, broccoli 10. Green tea 11. Use turmeric and curry leaves when cooking dishes 12. Eat flaxseeds ,almonds, walnuts .It has great effect on lowering cholesterol levels  13. Drink water boiled with 2 tsp coriander seed twice daily. It reduces cholesterol,improves digestion and flushes out toxins. 14. Avoid excess of alcohol 15. Quit smoking.