Check out: Tulsian's views on Unitech, ADAG stocks

In an interview to CNBC-TV18, SP Tulsian, sptulsian.com, gives his views on Unitech, ADAG pack, and infrastructure sector.

Also read: RBI releases report on NBFC issues

Below is the edited transcript of his interview with Udayan Mukherjee and Sonia Shenoy of CNBC-TV18. Also watch the accompanying video.

Q: Unitech and the ADAG, the CBI seems to have backed tracked a little bit about the evidence that they had in hand. What did you make of what the CBI is saying now?

A: It is a big U-turn. In the case of Unitech, CBI has clearly said that no money trail has been found. Even in case of ADAG, it has been said that three officials are not involved. Definitely, it is a bit surprising as of now. But, yes, it is giving relief to the share price of all the companies who are likely to be beneficiary of softening of the stand by CBI.

Q: Any take on the NBFC norms? The higher risk weightages, tougher norms on margins funding, do you think it might make life difficult for the listed NBFCs?

A: I don