J&K Bank announces revised OTS scheme for select NPAs

Ziraat Times Team Report

Srinagar:

This news about Jammu &  Kashmir Bank’s newly considered Special One-Time Settlement Scheme-2024, titled “Karz Se Mukti” (KSM), to address and minimize Non-Performing Assets (NPAs) has been put on hold until a formal announcement is made by the bank in this regard.

While the source of this news is an official bank circular, Ziraat Times has decided to wait for the bank’s official announcement on this to avoid any confusion.

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