Banking · NPA Recovery
What is the primary objective of a One-Time Settlement (OTS) scheme for non-performing loans?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To restructure loans for long-term resolution only
- 2To recover the full outstanding principal along with complete interest
- 3To waive the remaining debt after the borrower repays an agreed mutually acceptable amount✓
- 4To automatically transfer bad loans to Asset Reconstruction Companies
Correct answer
To waive the remaining debt after the borrower repays an agreed mutually acceptable amount
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