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ACTF hails One Time Settlement initiative
3/6/2012 11:18:10 PM
Jammu, Mar 6: A meeting was held under the Chairmanship of Yash Paul Gupta, President Associated Chamber of Traders Federation (ACTF) wherein the federation thanked Divisional Commissioner (Administration Citizen Cooperative Bank Ltd Jammu) for implementing One Time Settlement Scheme (OTS) to business community of Jammu. "By implementing this one time settlement scheme (OTS) the people can restart their business by approaching to Bank for fresh advances and previous to settle son that the NPA of the Bank can be reduced, members observed in the meeting. Federation appealed to Minister for Cooperatives Dr Manohar Lal Sharma to implement the suggestions which are submitted by the Citizens Cooperative Bank Staff Association to improve the health of the Bank.
Further President ACTF and other members appealed to the Jammu people particularly traders to settle their loan accounts and get the benefits of one time settlement scheme and (OTS) launched by the Bank
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