Need in 400-500 words.

You are a consultant and hired by a newly chartered bank to write its policies regarding loan approval and disbursement. The policy book must cover the following contents in detail: - Pyramid of delegation authority with designation for loan approval - Procedure and parameters of loan department - Documentation requirements and timeline for approval - Review standard for loans and best practices You are a consultant and hired by a newly chartered bank to write its policies regarding loan approval and disbursement. The policy book must cover the following contents in detail: - Pyramid of delegation authority with designation for loan approval - Procedure and parameters of loan department - Documentation requirements and timeline for approval - Review standard for loans and best practices