Srinagar, Nov 10, Nov. 11 -- The Kashmir Chamber of Commerce and Industry (KCCI) has welcomed J&K Bank's RAHAT Special One-Time Settlement Scheme (SOTS-2026), while calling for a broader SBI-pattern settlement scheme to address the mounting legacy debt of businesses across Jammu and Kashmir. The Chamber said RAHAT offers relief to eligible borrowers with principal non-performing asset (NPA) outstanding of up to Rs 5 crore, but leaves out a significant section of businesses with liabilities exceeding the prescribed limit.KCCI said prolonged economic disruptions had pushed several otherwise viable businesses into financial distress, resulting in mounting liabilities, NPAs and recovery proceedings.It urged Lieutenant Governor Manoj Sinha and...