answersLogoWhite

0


Best Answer

The last one time settlement scheme of RBI for NPA accounts of banks is where they will ask you to pay a certain amount. If you do pay that said amount the bank will not be able to go after you for the rest of the funds that you would have owed, if you did not take the settlement.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the last one time settlement scheme of RBI for NPA Accounts of Banks?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is last ots scheme of rbi for npa of banks?

The last scheme of RBI for NPA of Banks is MSME OTS Scheme 2012-13. The coverage of the scheme is All the NPA (classified as 'Doubtful and Loss) and PWO accounts in Micro,Small and Medium Enterprises sector (manufacturing as well as services)with outstanding book balance not exceeding ` 10 crs. as on 31.03.2012 and outstanding as on date of launch will be eligible for OTS under the present scheme. BY VIKRANT RANA ADVOCATE HIGH COURT, ALLAHABAD MOB. NO. 9415316897


What are three top computer scams?

One of the biggest - is the latest attempts to send people fake emails supposedly from people's banks asking for their account info. I had four or five last year - pretending to be from banks - which I have NEVER held accounts with !


How long does a stop payment take?

Most banks can place a stop payment on accounts within 24 hours. They generally last a few months. You can check exact dates by contacting your bank.


Who received the largest divorce settlement in the last five years?

The largest divorce settlement in the last five years, was the divorce of Rupert and Anna Murdoch. This divorce amounted in a settlement of about $1.7 million.


What rhyme scheme does the song if today was your last day have?

aab


How long did Jacques Cartier settlement last?

His settlement lasted 1 year according to my sources.


What has the author Margaret Banks written?

Margaret Banks has written: 'The last word'


Why is the settlement important?

the jamestown settlement was important because the founders were trying to colinize jamestown and it was the first lasting settlement before that, Roanoke did not last


What is the date of events from first to last Franklin Roosevelt's court-packing scheme?

the time line for franklin roosevelt's court packing scheme


What are the type of bank?

There are three major classes of accounts that can be broken down into individual accounts: transactional banking accounts, credit accounts, and investment accounts. Note that not all banks have all three, but those are the main classes. The main class of accounts banks offer are transactional accounts, usually just called banking accounts. These include savings accounts and checking accounts. Money usually flows between these accounts and other accounts outside the bank, and can either be interest-bearing or non-bearing depending on your banks terms. This last bit refers to whether the account pays interest or not- typically, savings accounts do pay interest while many checking accounts pay no interest. The second class of accounts are the credit accounts, which include loans, mortgages, and credit cards. When applying for a Mortgage or other loan you work with a bank's loan officer who looks up your credit score, while a centralized credit department handles decisions regarding credit cards. The third class are investment accounts, which include retirement accounts, brokerage accounts, and Certificates of Deposit. Certificates of Deposit, or CDs, are similar to savings accounts, yet the customer cannot take money out without paying penalty fees. therefore, this should be seen as an investment. The other types, retirement accounts (typically IRA's) and brokerage accounts act similar to each other: you put money into the account, choose some stock or let an agent pick for you, and let it sit there. An IRA is usually a "set and forget" style account with occasional tweaks, while those that hold brokerage accounts tend to want more control over their money and assets...


What is a CDDC rhyme scheme poem?

A CDDC rhyme scheme poem is a type of poem where the last word of the first line rhymes with the last word of the second line, and the last word of the third line rhymes with the last word of the fourth line. The pattern is repeated throughout the poem.


Who is the shortstop with last name Banks?

Ernie Banks who played for the Chicago Cubs from 1953 to 1971.