Sunil Sanghai, Head of Banking-India, HSBC

Sunil Sanghai,
Head of Banking - India,
HSBC

Sunil Sanghai described the interim budget to be very balanced.  "Generally when you have a vote on account just before the election there is a perception that it could be very populist but as you would have seen it is very balanced. Whatever relief we got that was in a segment which was required, Manufacturing segment, particularly, in the auto sector which actually needed support."