Rising KashmirRising KashmirRising Kashmir
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Anchor
  • Breaking
  • Business
  • City
  • Developing Story
  • Editorial
  • Education
  • Features
  • Health
  • Interview
  • Jammu
  • Jammu and Kashmir News
  • Kashmir
  • Kashmir Tourism
  • Kath Bath
  • National
  • Opinion
  • Politics
  • Sports
  • Technology
  • Top Stories
  • Trending
  • Uncategorized
  • Video
  • Viewpoint
  • World
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: KCCI appreciates LG for constituting committee on NPA issues
Share
Notification Show More
Font ResizerAa
Rising KashmirRising Kashmir
Font ResizerAa
  • Home
  • Top Stories
  • News
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Search
  • Home
  • Top Stories
  • News
    • Kashmir
    • City
    • Jammu
    • Politics
  • Health
  • Anchor
  • Features
  • Interview
  • Video
Follow US
© 2024. All Rights Reserved.
Rising Kashmir > Blog > City > KCCI appreciates LG for constituting committee on NPA issues
City

KCCI appreciates LG for constituting committee on NPA issues

RK News
Last updated: April 10, 2024 1:02 am
RK News
Published: April 10, 2024
Share
2 Min Read
SHARE

Srinagar, April 09: Kashmir Chamber of Commerce & Industry ( KCCI) expressed sincere thanks to the Lieutenant Governor , Manoj Sinha and his administration for constituting a committee for addressing NPA issues of borrowers.
In a statement issued, KCCI said this matter was raised by KCCI in various meetings held with the Lt. Governor during the past one year.
“The LG had assured that the suggestion put forward by KCCI would be seriously considered. In this context the Government of Jammu & Kashmir has issued an order vide No : 940-JK( GAD ) of 2024 dated 08-04-2024 whereby the Government has constituted a committee comprising of the Principal Secretary to Government Finance Department; Commissioner/Secretary to Government Industries & Commerce Department; and the Executive Director, J & K Bank,” reads he statement.
The committee has been mandated to address the ONE-TIME Settlement ( OTS) cases faced by MSMEs.
The KCCI in a letter to the Lt. Governor expressed gratitude to him for constituting this high level committee which will prove beneficial for Banks and the borrowers.
KCCI said the government decision is a pathbreaking one and helps Banks to recover the money and the borrowers straighten their accounts. “The OTS scheme announced as a consequence of the recommendations of the committee helps investments and the economic growth of Jammu & Kashmir.”
The KCCI like the past had offered to act as a bridge between lending institutions and the borrowers. It also suggests that the new OTS Scheme be made applicable to all categories of borrowers so that the NPA cases lingering for a decade or so find a practical closure. The KCCI hopes that the new scheme will take care of the duration without putting a bar on the eligibility and the upper cap.

 

Tral man Jagat Maharaj promotes mother tongue through internet 
10th SSB Batamaloo celebrates ‘National Unity Day’ with zeal and fervor
KCCI President meets LG Sinha, discusses key trade issues
SKIMS team in Super 6 at AIIMS National Medicine Quiz, makes institution proud
Renzushah led Tasawuf Aitqaad delegation meets Mirwaiz Umar

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article Upcoming Lok Sabha elections in J&K significant: Bhalla
Next Article Valour Day: IG CRPF pays tributes to martyrs, addresses Sainik Sammelan
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

1MFollowersLike
262kFollowersFollow
InstagramFollow
234kSubscribersSubscribe
Google NewsFollow

Latest News

Hyderpora underpass turns into cab stand, sparks safety concerns
City
May 26, 2025
Bear-Proof Corral unveiled to tackle human-wildlife conflict in Drass
Kashmir
May 26, 2025
SACPPE holds session to safeguard children from unexploded shells in Uri
Kashmir
May 26, 2025
‘Prem Visheshagya’ brings laughter to Natrangs’ Sunday theatre
Jammu
May 26, 2025

Recent Posts

  • Hyderpora underpass turns into cab stand, sparks safety concerns
  • Bear-Proof Corral unveiled to tackle human-wildlife conflict in Drass
  • SACPPE holds session to safeguard children from unexploded shells in Uri
  • ‘Prem Visheshagya’ brings laughter to Natrangs’ Sunday theatre
  • Admin spreads awareness on drug abuse in Sgr

Recent Comments

  1. SavePlus on AI and Behavioural Analytics in Gaming: Making the World of Gaming Better
  2. Parul on Govt acknowledges faulty streetlights on Narbal-Tangmarg road
  3. dr gora on Women Veterinarians and the Goal of Viksit Bharat
  4. jalwa game login on National Education Policy 2020: Transforming India’s Educational System
  5. Virender Bhat on Pahalgam Attack: A War on Humanity, Peace, and Kashmiriyat

Contact Us

Flat No 7,Press Enclave, Srinagar, 190001
0194 2477887
9971795706
[email protected]
[email protected]

Quick Link

  • E-Paper
  • About Us
  • Contact Us

Top Categories

Stay Connected

1.06MLike
262.5kFollow
InstagramFollow
234.3kSubscribe
WhatsAppFollow
Rising KashmirRising Kashmir
Follow US
© 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?