One time settlement scheme was introduced for the arrears of Kheti Bank
- Antenna: Vivek Mehta After paying 3% of the settlement amount in advance, the remaining amount is allowed to be paid in six-month installments: Bank's NPA Rs. Estimated to be more than Rs 300 crore: Rs. 150 crore relief is expected The Gujarat State Cooperative Agriculture and Rural Development Bank has approved a one time settlement scheme for approximately 20,000 debtors of Kheti Bank to repay their arrears without huge burden of interest and penalty. By announcing this scheme, Kheti Bank has given Rs. It plans to recover the maximum amount from the outstanding amount of over Rs 200 crore. Due to the one time settlement scheme, farmers have to pay around Rs. 150 crore relief is estimated. The implementation of One Time Settlement Scheme has been started from February 2, 207. The last date for applying for refunds under this scheme is March 31, 203. Since the co-operation department was handed over to Amit Shah at the Center, an exercise has been carried out to increase the n