In terms of Reserve Bank of India guidelines, a scheme for One Time Settlement (OTS) for Micro & Small Enterprises (MSE) sector is in place. The details of the scheme are made available with the Branch Managers of the Bank. The scheme covers all micro and small enterprises accounts classified as non-performing assets (NPAs). The scheme is non-discretionary and non-discriminatory. The amount to be recovered by the Bank will be as per the norms laid down in the scheme.

This information is being ported with a view to make the availability of the scheme known to all MSEs and offer the benefits.