(a) the details of debts of sick and closed Public Sector Undertakings outstanding in
Public Sector Banks in Kerala;
(b) whether the Government of Kerala has requested for One Time Settlement (OTS) for
settlem ent of these accounts without interest and easy terms; and
(c) the action taken thereon?
MINISTER OF STATE IN THE MINISTRY OF FINANCF(SHRI PA WAN KUMAR BANSAL)
(a) tc (c) : State Government of Kerala has requested for One Time Settlement (OTS) /
restructuring of dues of several state public sector entities towards three public sector
banks i.e State Bank of India, State Bank of Travancore and Vijaya Bank. The request of
Tie State Government has been referred to the concerned banks which are empowered to take
appropriate decisions after considering their recovery policies, securities available in
the respective accounts and merit of each case.