They thus vowed to renounce war and yielded a disproportionately large share of decision-making in common affairs to smaller countries. Above and beyond that a referee was appointed, a European centralized executive, even though its power was to be limited.
The general trend is to create a win-win partnership for both parties, leveraging their respective capabilities and reach. Since India has accepted the bank-led model, the customers of the banks get full protection for effecting transactions through this delivery channel as in the case of any other banking transaction.