Furthermore, the higher debt stock is also vulnerable to potential crystallization of contingent liabilities arising from the public sector, which includes the recapitalization of
weak public sector banks or state - owned enterprises.
Not exact matches
1) Lower economic strength in light of the diminished medium - term growth outlook, constrained by foreign currency shortages, high inflation, lower
public sector spending and a
weak banking system.
It avoids companies that have
weak cash flow like
public sector banks, construction projects and companies that generate less than Rs. 100 crore cash per annum.