Public financial institutions are in a very strong position, says Finance Secretary Somanathan

He said it is for regulators, markets and the company to address the issue. "The government does not concern itself with the fortunes of individual private sector companies," Somanathan told ET during a post-budget interaction. "We are confident that the public financial institutions are in a very strong position and their exposures to any one private company is not of a magnitude that would create any unease or difficulty for the public financial institutions."