#1
29th April 2015, 05:06 PM
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Union Bank of India OTS
I am looking for details about MSME OTS (One Time Settlement) Scheme of Union Bank of India so please provide me the same including interest of the depositors and other stake holders at Union Bank of India?
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#2
14th November 2015, 12:28 PM
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Re: Union Bank of India OTS
Hello buddy I want the details of Union Bank of India One Time Settlement Scheme, so please provide for this scheme?
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#3
14th November 2015, 12:28 PM
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Re: Union Bank of India OTS
Hello, One Time Settlement Scheme For The Mse Sector Effective From 29.06.2009 The Board approved Bank’s Policy on compromise settlement include non discretionary one time settlement scheme for recovery of loans in MSE Sector which are either in NPA or in shadow Register is furnished 1.For outstanding balance upto Rs.1.00 lac and for accounts under government sponsored scheme having outstanding balance upto Rs.5.00 lac 2.In all other NPA/Written off accounts under non-government sponsored scheme/ non priority sector with outstanding ledger balance upto Rs.5.00 lac MSE Loans Other than MSE Loans Sub-standard 100% of ledger balance 100% of ledger balance Doubtful for less than 1 year 70% of ledger balance 80% of ledger balance Doubtful for 1 year to less than 3 years 60% of ledger balance 70% of ledger balance Doubtful for 3 years & above 50% of ledger balance 60% of ledger balance Loss Assets 30% of ledger balance 40% of ledger balance Written of A/cs 25% of ledger balance 30% of ledger balance Address Union Bank of India Head Office 11 Hemant Basu Sarani Kolkata – 700001 |