Can I read CGTMSE Claim Settlement Procedures on EtoBox?

CGTMSE Claim Settlement Procedures by kamaiii is a document available to read on EtoBox.

What is CGTMSE Claim Settlement Procedures about?

- The document discusses procedures related to claiming compensation from the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) for non-performing accounts (NPAs). - It provides details on marking NPAs, invoking the bank guarantee within 3 years of NPA date, the claim settlement process including waiver of legal action up to Rs. 500,000, and treatment of recoveries. - The document also discusses servicing fees payment, interest charges if recovery amounts are delayed, one-time settlement

Author

kamaiii

Language

EN