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Srinagar, Nov 10: The Kashmir Chamber of Commerce and Industry (KCCI) has welcomed J&K Bank’s RAHAT Special One-Time Settlement Scheme (SOTS-2026), calling it a positive, much-needed initiative to relieve financially distressed borrowers. At the same time, the Chamber has renewed its demand for a comprehensive Special OTS on the lines of the State Bank of India’s settlement scheme to address the accumulated legacy debt of businesses across Jammu and Kashmir. KCCI said that while RAHAT offers eligible borrowers with principal NPA outstanding of up to Rs 5 crore an opportunity, a substantial…

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