NPA provisioning should be based on assessment: Srei Infra vice chairman

Sunil Kanoria Vice Chairman, Srei Infrastructure Finance Limited talks about some radical reforms in the banking sector

From liquidity crisis in the NBFC sector to slowdown in the economy, in the last one year Srei Infrastructure weathered many crisis situations. Sunil Kanoria Vice Chairman, Srei Infrastructure Finance Limited, in an interview with Ishita Ayan Dutt and Namrata Acharya, talks about some radical reforms in the banking sector like removing timeline-based NPA provisioning and keeping the lender and borrower relationship confidential. Edited Excerpts

What are your expectations from the 2020 Union Budget?

We need to boost government expenditure so that there will be capital formation and revival of economic growth. From a medium to long-term perspective the India