Special scheme for SBH NPA A/C holders

State Bank of Hyderabad has said that to facilitate the defaulting borrowers [NPA a/cs] in agriculture, small value SME, a campaign by name ‘NPA Resolution Quarter from July 1-September 30 has been launched. The bank has launched Special OTS Schemes this financial year to help borrowers in distress.

These schemes with attractive benefits will be settled at the branch level. In the campaign period, the NPA loans will be settled under compromise settlements. All suit filed cases can also be settled ans resolved during this campaign. The defaulting borrowers have to approach their concerned branches for further details and options to get rid of the debt burden and to avoid penalties.