One Time Settlement Scheme for SME
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ban...@gmail.com
Nov 12, 2005, 10:20:51 AM11/12/05
to BankDRT
The RBI has issued new guidelines for One Time Settelement of Non
Performing Accounts as as on 31-3-2004. However, the OTS scheme
announced by the RBI has left much to the descretion of the lenders as
to how much waiver is to be given. Will it lead to some sort of nexus
between some unscruplous officers and borrowers to short change the
Banks.
Performing Accounts as as on 31-3-2004. However, the OTS scheme
announced by the RBI has left much to the descretion of the lenders as
to how much waiver is to be given. Will it lead to some sort of nexus
between some unscruplous officers and borrowers to short change the
Banks.
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