DFS Secretary chairs conference of heads of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery of Tribunals (DRTs) in New Delhi

DFS Secretary chairs conference of heads of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery of Tribunals (DRTs) in New Delhi

Dr. Vivek Joshi, Secretary, Department of Financial Services (DFS), chaired a Conference of Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery Tribunals (DRTs) organised by Department of Financial Services in New Delhi, today.

The meeting was also attended by senior officers from the Public and Private Sectors Banks; Chief Executive Officer (CEO), Indian Bank Association (IBA); and senior officers from the Ministry of Finance and Insolvency and Bankruptcy Board of India (IBBI).

During the meeting, wide ranging discussions were held with stakeholders to enhance the efficacy of DRTs for expeditious recovery of debts. The main issues discussed during the meeting included: