What are the RBI guidelines on One Time Settlement scheme(OTS) for MSMEs for settlement of their NPAs?






Maya Maya
Answered on February 03,2020

Scheduled commercial banks have been advised in terms of our circular RPCD.SME&NFS. BC.No.102/06.04.01/2008-09 dated May 4, 2009 to put in place a non -discretionary One time Settlement scheme duly approved by their Boards. The banks have also been advised to give adequate publicity to their OTS policies.


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