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

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 a difficult situation. The government has to take a strategic approach. The sector is dependent on the Centre because of fu.....

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