However, the process got plagued by: •  Weak governance, lax underwriting, high corporate leverage, several policy logjams  •  Resultant consequences are well known  BIS central bankers’ speeches  1  To be fair to the sector, some of the events were external & hence, not in control of the Bank management.
These facilities should also have some relationship with the turnover of the entity. Similarly, individuals have been permitted to hedge upto USD 100,000 on self declaration basis.