Through this measure, the Bank went to the rescue of economic operators which were directly affected by the mismatch between the currencies in which their earnings were denominated, mostly euros, and their outstanding debt in rupees. We were giving to highly-leveraged operators a unique tool to restructure their debt so that they would end up with healthier balance sheets.
We were particularly concerned by the impact of euro-generated debt-servicing difficulties of operators on the balance sheets of banks. Since the project was launched, the terms and conditions of the line of credit have been reviewed to enhance their flexibility. We have lengthened the maturity and increased the margin to make it more attractive for the intermediary banks.