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1 day ago

Duration: 0h 3m 57s

Bank OTS scheme not a borrower's right without upfront payment: SC

Name: Bank OTS scheme not a borrower's right without upfront payment: SC
Uploaded: Thu, 18 Sep 2025 14:22:58 +0530
Channel: Rediff Video Desk
Description: The Supreme Court has ruled that a bank's one-time settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including upfront payment of a specified portion of dues, to avail themselves of the benefits of the scheme.

The Supreme Court has ruled that a bank's one-time settlement (OTS) scheme cannot be invoked as a matter of right and that borrowers must strictly comply with its mandatory conditions, including upfront payment of a specified portion of dues, to avail themselves of the benefits of the scheme.

Uploaded by: Rediff Video Desk on Thu, 18 Sep 2025 14:22:58 +0530

Views: 9

Tags: Bank OTS scheme not a borrower's right without upfront payment: SC