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DFS secretary leads conference on recoveries, pendency, DRT 2024
The Business Guardian
|September 23, 2024
In a move to improve the In ery Tribunals (DRTs) and Debt Recovery Appellate Tribunals (DRATS), M.Nagaraju, Secretary of the Department of Financial Services (DFS), chaired a conference of chairpersons of DRATS and presiding officers of DRTs in the capital on Saturday.
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According to the Ministry of Finance, the meeting addressed issues such as reducing pendency, adopting best practices, optimising recoveries, and rolling out the new DRT Regulations 2024.
The primary focus of the discussions was on streamlining the recovery process through improved mechanisms and collaborative efforts from all stakeholders, including banks, financial institutions, and tribunals.
Cette histoire est tirée de l'édition September 23, 2024 de The Business Guardian.
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