Can I read SBI OTS Scheme for Agricultural Loans on EtoBox?

SBI OTS Scheme for Agricultural Loans by anshul is a document available to read on EtoBox.

What is SBI OTS Scheme for Agricultural Loans about?

SBI is proposing an One Time Settlement (OTS) scheme for non-performing agricultural loans and other unsecured loans up to Rs. 20 lakh. Under the scheme, a farmer with a Rs. 20 lakh loan can settle 50% of their dues and have the remaining waived, allowing them to re-apply for a new loan within 30 days. Through this "Rinn Samadhan Programme", SBI expects to collect Rs. 1,500 crore in repayments by October 2017. The MD of SBI said the scheme keeps farmers within the formal credit system by getting some repaym

Author

anshul

Language

EN