KCCI Pushes for Unrestricted ‘Karz-se-Mukti’ Scheme to Aid Borrowers Srinagar, January 1: The Kashmir Chamber of Commerce and Industry (KCCI) has called on Jammu & Kashmir Bank to eliminate all monetary caps and ceilings from its recently announced special one-time settlement scheme, named “Karz-se-Mukti.” According to the Chamber, the scheme must operate without any upper limits to effectively address the diverse needs of borrowers across all segments of the business community. The existing scheme includes a ceiling of ₹5 crore, which the Chamber identifies as a significant impediment to its…
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