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Office of Thrift Supervision Newsletter
  • JKHARA welcomes extension of special OTS deadline by J&K Bank 02 Jul 2025 20:15 GMT

    … decision of Jammu and Kashmir Bank to extend the repayment deadline … its Special One-Time Settlement (OTS) Scheme by two months, now … responsiveness of J&K Bank, particularly the leadership of Managing …

  • Borrowers get breathing room as J&K Bank OTS repayment deadline extended till Sept 1 02 Jul 2025 20:15 GMT

    … appreciation to Jammu and Kashmir Bank for extending the repayment deadline … the Valley. The Special OTS scheme has been vital for … . The Chamber urged the bank to introduce this enhanced scheme … to work closely with the bank and administration to support …

  • CM: 1,120 SHGs taken Rs 340 crore bank loans 01 Jul 2025 20:44 GMT

    … Rs 340 crore loans from banks for business, Chief Minister Pramod … now for one-time-settlement (OTS),” Sawant said. He urged … on-boarding the women in bank linkage portal. “Around 170 … bankers’ conclave aimed at SHG bank linkages and enterprise financing under …

  • Combined GDP of OTS member states nears $600 billion in Q1 30 Jun 2025 13:44 GMT

    … the Organization of Turkic States (OTS) reached 593.8 billion US … states have surpassed the World Bank’s estimated global average growth … the Organization of Turkic States (OTS) was established on November 1 …

  • Transport agency reminds travelers to follow rules on power banks 28 Jun 2025 00:45 GMT

    … for all Filipinos, the OTS is implementing security measures … Secretary Vince Dizon, the OTS is conducting comprehensive security … such as power banks, before traveling,” OTS Administrator Arthur Bisnar … in only. Meanwhile, power banks exceeding 160 Wh are …

  • Power bank explodes at Roxas Airport: CAAP urges strict compliance with air travel safety rules 26 Jun 2025 18:48 GMT

    … claimed the same power bank had been permitted on … Despite the intervention, the power bank exploded shortly thereafter,” CAAP … Office for Transportation Security (OTS). “This incident underscores the … powered devices such as power banks,” the agency stated. …

  • Maharashtra extends OTS to reduce burden of NPAs & Overdue loans 26 Jun 2025 02:47 GMT

    … Loan Settlement (OTS) Scheme for Urban Cooperative Banks (UCBs) until … the earlier provisions allowed banks to continue recovering dues … marginal loss for the bank, it provides substantial relief … receive a written explanation. Banks are strictly prohibited from …

  • KCCI urges J&K Bank to extend loan repayment deadline by six months 25 Jun 2025 04:05 GMT

    … that the Jammu and Kashmir Bank extend the repayment deadline under … following the Pahalgam incident. The OTS scheme, which allowed eligible … a step would demonstrate the bank’s sensitivity to ground … that the J&K Bank management had earlier assured …

  • KCCI Presses JK Bank for OTS Extension Citing Economic Disruption 24 Jun 2025 15:10 GMT

        SRINAGAR: The Kashmir Chamber of Commerce and Industry (KCCI) has urged Jammu and Kashmir Bank to extend the repayment deadline under its Special One-Time Settlement Scheme — Karz Se Mukti — by six months. The appeal follows reported financial strain …

  • Azets senior tax partner urges UK Chancellor to revisit tax reforms 02 Jul 2025 16:27 GMT

    Donald Parbrook, a senior tax partner at business advisory group Azets, has urged Chancellor Rachel Reeves to reconsider proposals from the defunct Office of Tax Simplification (OTS) to address the UK’s complex tax system. The call aims to enhance revenue …

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