The slowdown in the domestic economy has caused strains on a number of companies and projects, resulting in higher non-performing assets (NPAs) and restructured accounts in the Indian banking system in recent years. This not only impacts the profitability of banks but also constrains their ability to lend to productive sectors of the economy.
The Reserve Bank and the Government have initiated several measures to provide an effective framework for the recovery of non-performing loans, including the establishment of Debt Recovery Tribunals (DRTs) under the Recovery of Debts Due to Banks and Financial Institutions (RDDBFI) Act, 1993.
The objective of the program is to facilitate interaction with the Judges of Debt Recovery Appellate Tribunals (DRATs) and the Presiding Officers (POs) of DRTs to understand the challenges they face in settling cases, and to update them on regulations and nuances of NPA management.
Note: There is no participation fee. Participation is by invitation only. This is a residential program.
Chairpersons of DRATs and Presiding Officers of DRTs.