Banking, Fintech & Insurance Just now (12:18 AM IST)
Asset Reconstruction Companies Urge Faster DRT Action to Speed Debt Recovery
Asset reconstruction companies have asked the government to strengthen the debt recovery framework by tightening timelines at Debt Recovery Tribunals and improving creditor notifications. They want interim stays to lapse automatically after two months, vacancies at DRTs filled quickly, and electronic litigation services expanded to reduce delays in asset recovery.
By RDU Global Wire5 min read
