Because promoters were often unable to bring in new funds, and because the judicial system often protects those with equity ownership, together with SEBI we introduced the Strategic Debt Restructuring (SDR) scheme so as to enable banks to displace weak promoters by  4  BIS central bankers’ speeches  converting debt to equity.
The economic situation Israel’s economy today is doing very well, even after the war in the north. Although activity slowed during the war - reflected by a negative rate of growth in the third quarter - the latest indicators point to a relatively rapid recovery of economic activity after the war. The economy has enjoyed three years of rapid growth.