what is debt recovery tribunal ?
- 3 Answers
- 36112 Views
- State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / s balasubramanian
Govt. of India formed DRT (Debt Recovery Tribunal) to speed
up the recovery in the case of Non-performing assets of
Banks, Financial Institutions etc.
It took much time to clear the cases by Court earlier. As
the NPA stake of Banks/FIs went up sharply without any
resolution, DRT was formed to deal with such cases. They
will issue Recovery Certificate once the case is disposed.
| Is This Answer Correct ? | 22 Yes | 9 No |
Post New Answer View All Answers
What are the basic principles of Dow's Theory?
Define Preference Shares?
what is Actuarial life tables?
What is Statutory Company?
What Is The Difference Between Net Cash Flow And Net Income?
Which banks give preference to nbet candidates?
Differentiate between shares and mutual funds?
What do the banks do for women empowerment?
Who is Underwriter?
What are the advantages of 'off-shore banking'?
What are the security features that are being provided to a person in the stock market?
What has been your greatest achievement uptill now?
Define CASA.
Classify the balance of payment?
How Is The Single Supervisory Mechanism Organised?
