DFS Secretary Shri M. Nagaraju chairs Conference of Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery of Tribunals (DRTs) at New Delhi today

DFS Secretary Shri M. Nagaraju chairs Conference of Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery of Tribunals (DRTs) at New Delhi today

Shri M. Nagaraju, Secretary, Department of Financial Services (DFS) chaired a Conference of Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery of Tribunals (DRTs) at New Delhi, today.

The meeting was attended by senior officers from the public and private sectors banks, Deputy Chief Executive Officer (CEO), Indian Bank Association (IBA) and senior officers from the Ministry of Finance.

During the meeting whole gamut of issues were discussed concerning the functioning of DRTs and in order to make recovery procedure more efficient, it was agreed that: