One-third of vulnerable medium, emerging companies may not get restructuring benefits: Ind-Ra
MUMBAI: India Ratings and Research on Thursday said a third of the mid and emerging corporates (MEC) having turnover of under Rs 750 crore rated by it could be ineligible for restructuring loans despite being “vulnerable”. A weak cash flow recovery and stretched liquidity among such corporates which are rated below BBB can result in … Read more