Line of credit 10. In the context of funding deposit insurance, the availability of line of credit from the Central Bank/Government to overcome temporary liquidity problems in times of crisis is very important. In several countries deposit insurers heavily rely on such lines of credit. In India too there is a provision for such accommodation from the Reserve Bank of India.
Role of chartered accountants In the most recent World Competiveness Report, the deteriorating state capacity was one of the areas that contributed to the slide in the country’s ranking to 52nd place out of 144 countries that were ranked. Some of the more problematic areas identified included an inefficient bureaucracy, corruption and policy instability.