Kashmir Business Body Urges Bank to Extend Debt Relief Deadline After Pahalgam Crisis Srinagar | 24 June 2025 As the clock ticks down toward the June-end repayment deadline of Jammu and Kashmir Bank’s “Karz Se Mukti” One-Time Settlement (OTS) Scheme, anxiety looms large over hundreds of Valley-based business owners. Many say they simply don’t have the cash flow to meet the bank’s requirement—through no fault of their own. In a strongly worded appeal, the Kashmir Chamber of Commerce and Industry (KCCI) has urged Jammu and Kashmir Bank to extend the…
Read MoreKarz Se Mukti or a Deeper Debt Trap? KCCI Urges J&K Bank to Extend Loan Settlement Deadline Amid Economic Setback
