what is debt recovery tribunal ?
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 is open market operation?
Give Any Three Advantages of Joint Stock Company?
What are the minimum documents are required to open a Saving A/c and a Current A/c in a bank?
DO YOU NEED A LOAN? Good morning my dear brothers and sisters in Christ, I am Mr Blair James, a reputable, legitimate and accredited money lender. I loan money to people in need of financial assistance at 3% interest rate. Do you have a bad credit or are in need of money to pay bills? Let me take this medium to inform you that I assist beneficiary reliable as I'll be glad to offer you a loan.Please write with the below information. After the reply, you will be sent a loan application form to fill. (There are no credit check, 100% Guaranteed!) I hope you will allow me to be of service to you. Sincerely. Contact us via email: (privateloaninvestment1@yahoo.com) with the Applicant Information below: Full Name;Country:Amount Needed;Monthly Income:
What is sub- prime lending?
All the IT Companies paid more Dividend” if Yes, explain in detail, if no Justify your answer.
What do you know about direct and indirect taxes in India?
What do you mean by 'foreign draft'?
why n how the gold is inversely proportional to rupee value? thnx....
What is Corporate finance, Corporate governance, Role of SEBI, Ratio analysis in terms of equity and capital structuring? Please post answers as soon as possible. thankyou.
what r the shedule under India government & the defenition
What are the various types of preference shares?
Tell something about BASEL III Norms?
What's CRR?
what are the activities made during multi currency handling