enhancement of cash credit limit in a nationalised bank

"RESOLVED THAT the Company do accept and avail the renewed Cash Credit Facility of Rs. 65 Lakhs sanctioned to the Company by State Bank of India, T.Nagar Branch, Chennai vide their Sanction Letter No................. dated ....................

RESOLVED FURTHER THAT Shri..........................., Director(Finance) and Shri ......................................., Vice-President(Finance) are hereby authorised to convey  their acceptance to the Bank's Sanction Letter No................................... dated ...................... and to execute the documents, deeds, Undertakings, Declarations and Writings that may be required for availing said facility from the Bank.

RESOLVED FURTHER THAT the common seal of the Company be affixed wherever necessary in the presence of Shri ..........................., Director and Shri ..........................., Director and the same shall also  be signed by Shri ........................., Company Secretary in token thereof."

Great article. I also want to get a credit card but cibil score scares me. This is because I have
heard that non payment in credit cards due to any reason also lowers down your cibil score. Is that true? https://www.loankuber.com/content/cibil-score/wanted-know-credit-limit-cibil-score/