Bad loans in power need coordinated central, state action: Hemant Kanoria

Hemant Kanoria, Chairman and managing director of Srei Infrastructure Finance, tells Ishita Ayan Dutt & Namrata Acharya, there must be an alignment between states and the Centre to recover stressed as

Have you seen your corporate loan book expanding, as banks are shy in lending to big firms?
 
We are seeing growth every quarter. But, our scope is limited to equipment financing in certain sectors — construction, mining, healthcare, IT, and agriculture. There is so much opportunity in equipment financing and infrastructure that we are not diversifying. Infrastructure is an area where you have to understand the business. Fortunately, because of our investment, we understand the operational issues and not only the balance sheets of companies.
 
Your assessment of stressed power assets, especially valuation?
 
The sector is in