Finance minister Arun Jaitley has sought to make it easier for lenders to recover their dues. While announcing the introduction of a bankruptcy law in FY16, Jaitley also brought non-banking financial institutions (NBFCs) under the purview of the ... Financial Express, 2 days ago
Debt recovery tribunals: More pain than gains for banks - Business Standard, 2 months ago
Debt recovery tribunals: More pains than gains for banks - Business Standard India, 2 months ago
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Comment · print · T T T+· T- The State Bank of India conducted a Debt Recovery Tribunal (DRT)-sponsored lok adalat here on Friday. According to a press release, 187 cases were listed and 51 borrowers appeared. Twenty-five cases were ...The Hindu, 16 minutes ago
MUMBAI: The accused, Yogesh Darji, and his accomplice opened an account in the name of the debt recovery tribunal (DRT), asked them to buy properties at lower prices through DRT auction and took demand drafts from them. The DDs were then deposited ...Times of India, 6 days ago Class IX drop-out cheats bank of Rs 5.95 crore Times of India, 6 days ago
KATHMANDU: The government has, approving a proposal on the formation of the Debt Recovery Tribunal, appointed its office-bearers, too. A meeting of the Council of Ministers held at Singha Durbar today decided to form the Tribunal under the Ministry ...Himalayan Times, 2 months ago Government appoints presiding officers for Debt Recovery Tribunals Economic Times, 2 months ago Eight Presiding Officers in Debts Recovery Tribunals (DRTS) Appointed PIB, 2 months ago Establishment of 6 (Six) new Debts Recovery Tribunals (DRTs) at Chandigarh, Bengaluru, Ernakulam, Dehradun, Siliguri and Hyderabad PIB, 2 months ago
At 9:35AM the stock of the SBI is trading up 0.80% at Rs. 316.45. India's largest lender, State Bank of India (SBI) chief Arundhati Bhattacharya is optimistic about Gyan Sangam, a two-day Bankers’ Retreat in Pune which will deliberate on PSU Bank issues ...India Infoline, 1 month ago Banks turn to government for help to recover dues from Kingfisher DNA India, 1 month ago State Bank of India : SETBACK FOR BANKS IN RECOVERING KFA LOANS 4 Traders, 2 months ago Setback for banks in recovering Kingfisher Airlines loans Economic Times, 2 months ago
Even as bankers rely on debt recovery tribunals (DRTs) as a legal alternative to recover bad loans, they feel the process is too long and not very effective, reports fe Bureau from Mumbai. According to RBI data, cases of loans of over Rs 2 lakh ...Financial Express, 2 months ago Govt to set up 6 Debt Recovery Tribunals Business Standard, 2 months ago
Honourable Judges of Debt Recovery Appellate Tribunals (DRATs) and the Presiding Officers of Debt Recovery Tribunals (DRTs) and other distinguished guests. It is an honour for me to address you all here at this Workshop organised under the aegis of ...India Infoline, 1 month ago Banks, Debt Recovery and Regulations: A synergy - Talk delivered by Shri R. Gandhi, Deputy Governor on Dec 29, 2014 at the Workshop for Judges of DRATs and Presiding Officers of DRTs conducted by CAFRAL at Leadership Development Academy, Larsen & Toubro Reserve Bank of India, 1 month ago
The RBI and lenders are pushing for a better understanding of disputes between them and borrowers by the debt recovery tribunals. MUMBAI: Reserve Bank of India deputy governor R Gandhi pleaded with debt recovery tribunal heads to pull up their socks in ...Economic Times, 1 month ago
The Cabinet has cleared setting up DRTs in Chandigarh, Bengaluru, Ernakulam, Dehradun, Siliguri and Hyderabad, an official statement said. NEW DELHI: The government today approved setting up of six new Debt Recovery Tribunals (DRTs) to expedite cases ...Economic Times, 2 months ago Narendra Modi government to set up six Debt Recovery Tribunals Economic Times, 2 months ago
A total of 1,070 cases were on Saturday settled by the Lok Adalats conducted at all the six district courts, Debt Recovery Tribunals and state consumer commission here in which settlement amount of over Rs five crore was awarded. According to the Delhi State ...Zee News, 1 month ago Lok Adalat in Chandigarh clears nearly 60 cases Business Standard, 2 months ago PTI - LOKADALAT - Lok Adalats settle 1070 cases, award over Rs five crore Namibia Press Agency, 1 month ago Over 24 lakh cases settled in National Lok Adalat conducted in Tamil Nadu Times of India, 2 months ago
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