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Blog posts : "msme borrowers"

State Bank of India OTS Scheme - Important news for Clients of Juneja Legal


IMPORTANT NEWS FOR THE CLIENTS OF JUNEJA LEGAL, WHO ARE BORROWERS OF STATE BANK OF INDIA.

State Bank of India has launched a non-discretionary and non-discriminatory scheme of one-time settlement (OTS) scheme to give relief to micro, small and medium enterprises (MSME) borrowers. The bank is also offering incentives to borrowers. It will give 15 per cent and 10 per cent discount on the OTS amount to those borrowers who make full payment within one month and three months, respectively, from th…

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