KTA welcomes J&K Bank's Special OTS Scheme, seeks One-Year Window
Jammu, Nov. 5 -- Share Tweet Share Srinagar Nov 05 (KNS): The Kashmir Trade Alliance (KTA) has welcomed the announcement of the Special One-Time Settlement (OTS) Scheme by Jammu and Kashmir Bank, describing it as a positive and much-needed step towards providing relief to distressed borrowers and addressing the issue of mounting stressed accounts. In a statement, KTA President Aijaz Shahdhar appreciated the initiative taken by J&K Bank, saying that the scheme offers an opportunity to borrowers facing financial difficulties to settle their outstanding liabilities and make a fresh beginning. Shahdhar said that the business community has been passing through challenging economic circumstances, with several traders and small business owners s...
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