Ministry of Finance press release · 2 May 2026 · pibtracker filter

DFS Convenes Colloquium of DRAT Chairpersons and DRT Presiding Officers to Strengthen Debt Recovery Framework

PRID2257504 MinistryMinistry of Finance Released2 May 2026 Reading9 min

Mandatory e-filing, hybrid hearings and e-DRT 2.0 highlighted for improving efficiency and expeditious disposal of cases Posted On: 02 MAY 2026 5:06PM by PIB Delhi A colloquium of Chairpersons of Debts Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debts Recovery Tribunals (DRTs) was convened by DFS at Vigyan Bhavan, New Delhi today. The Secretary, DFS addressed participants, including senior officials of DFS, representatives from public and private sector banks, and the Indian Banks’ Association. A key focus of the deliberations was on reducing pendency and accelerating disposal of cases. With renewed emphasis on capacity building and strengthening infrastructure through targeted training programmes, DRTs have witnessed an encouraging increase in monthly disposal rates. Tribunals were urged to emulate best practices adopted by high-performing DRTs. The Department of Financial Services (DFS) continues to convene regular colloquiums of Chairpersons of Debts Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debts Recovery Tribunals (DRTs) as an important platform for policy dialogue, reform, and performance enhancement. These engagements have fostered a constructive exchange of ideas, many of which have translated into tangible improvements in the functioning of the Tribunals which also enabled the sharing of best practices across tribunals, encouraging them to adopt successful models. The Secretary, DFS underscored the Department’s strategic thrust on deepening digitisation to streamline tribunal processes. Key areas of discussion included strengthening oversight and monitoring mechanisms within banks to enhance recoveries through DRTs; prioritising high-value cases for optimal recovery outcomes; leveraging Lok Adalats as an effective alternate dispute resolution mechanism for expeditious disposal; advancing procedural reforms to accelerate case disposal; and undertaking comprehensive capacity-building initiatives, including structured training programmes for Presiding Officers, Registrars, Asst. Registrars, Recovery Officers and other staff members of the Tribunals. To further address the issue of pendency of cases in the Tribunals, it was suggested to identify the cases for mediation in respect of pending as well as fresh cases. On the technology front, mandatory e-filing, hybrid hearing facilities, and continuous enhancements under e-DRT 2.0 are contributing to improved efficiency and transparency. Participants were encouraged to maximise the use of these technological tools. The revamped BAANKNET e-auction platform is further facilitating better asset visibility and value realisation. DFS remains committed to ensuring a robust, transparent, and efficient adjudication framework. *** AD (Release ID: 2257504) Visitor Counter : 846 Read this release in: हिन्दी , Urdu , Punjabi Ministry of Finance DFS Convenes Colloquium of DRAT Chairpersons and DRT Presiding Officers to Strengthen Debt Recovery Framework Mandatory e-filing, hybrid hearings and e-DRT 2.0 highlighted for improving efficiency and expeditious disposal of cases Posted On: 02 MAY 2026 5:06PM by PIB Delhi A colloquium of Chairpersons of Debts Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debts Recovery Tribunals (DRTs) was convened by DFS at Vigyan Bhavan, New Delhi today. The Secretary, DFS addressed participants, including senior officials of DFS, representatives from public and private sector banks, and the Indian Banks’ Association. A key focus of the deliberations was on reducing pendency and accelerating disposal of cases. With renewed emphasis on capacity building and strengthening infrastructure through targeted training programmes, DRTs have witnessed an encouraging increase in monthly disposal rates. Tribunals were urged to emulate best practices adopted by high-performing DRTs. The Department of Financial Services (DFS) continues to convene regular colloquiums of Chairpersons of Debts Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debts Recovery Tribunals (DRTs) as an important platform for policy dialogue, reform, and performance enhancement. These engagements have fostered a constructive exchange of ideas, many of which have translated into tangible improvements in the functioning of the Tribunals which also enabled the sharing of best practices across tribunals, encouraging them to adopt successful models. The Secretary, DFS underscored the Department’s strategic thrust on deepening digitisation to streamline tribunal processes. Key areas of discussion included strengthening oversight and monitoring mechanisms within banks to enhance recoveries through DRTs; prioritising high-value cases for optimal recovery outcomes; leveraging Lok Adalats as an effective alternate dispute resolution mechanism for expeditious disposal; advancing procedural reforms to accelerate case disposal; and undertaking comprehensive capacity-building initiatives, including structured training programmes for Presiding Officers, Registrars, Asst. Registrars, Recovery Officers and other staff members of the Tribunals. To further address the issue of pendency of cases in the Tribunals, it was suggested to identify the cases for mediation in respect of pending as well as fresh cases. On the technology front, mandatory e-filing, hybrid hearing facilities, and continuous enhancements under e-DRT 2.0 are contributing to improved efficiency and transparency. Participants were encouraged to maximise the use of these technological tools. The revamped BAANKNET e-auction platform is further facilitating better asset visibility and value realisation. DFS remains committed to ensuring a robust, transparent, and efficient adjudication framework. *** AD (Release ID: 2257504) Mandatory e-filing, hybrid hearings and e-DRT 2.0 highlighted for improving efficiency and expeditious disposal of cases" /> A colloquium of Chairpersons of Debts Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debts Recovery Tribunals (DRTs) was convened by DFS at Vigyan Bhavan, New Delhi today. The Secretary, DFS addressed participants, including senior officials of DFS, representatives from public and private sector banks, and the Indian Banks’ Association. A key focus of the deliberations was on reducing pendency and accelerating disposal of cases. With renewed emphasis on capacity building and strengthening infrastructure through targeted training programmes, DRTs have witnessed an encouraging increase in monthly disposal rates. Tribunals were urged to emulate best practices adopted by high-performing DRTs. The Department of Financial Services (DFS) continues to convene regular colloquiums of Chairpersons of Debts Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debts Recovery Tribunals (DRTs) as an important platform for policy dialogue, reform, and performance enhancement. These engagements have fostered a constructive exchange of ideas, many of which have translated into tangible improvements in the functioning of the Tribunals which also enabled the sharing of best practices across tribunals, encouraging them to adopt successful models.  <img src="https://static.pib.gov.in/WriteReadData/userfiles/image/image0010ZV9.jpg" style="height:244px; width:367px" /> <img src="https://static.pib.gov.in/WriteReadData/userfiles/image/image002B6KF.jpg" style="height:246px; width:369px" /> <img src="https://static.pib.gov.in/WriteReadData/userfiles/image/image003WUY2.jpg" style="height:247px; width:371px" /> <img src="https://static.pib.gov.in/WriteReadData/userfiles/image/image004F4TS.jpg" style="height:249px; width:374px" /> The Secretary, DFS underscored the Department’s strategic thrust on deepening digitisation to streamline tribunal processes. Key areas of discussion included strengthening oversight and monitoring mechanisms within banks to enhance recoveries through DRTs; prioritising high-value cases for optimal recovery outcomes; leveraging Lok Adalats as an effective alternate dispute resolution mechanism for expeditious disposal; advancing procedural reforms to accelerate case disposal; and undertaking comprehensive capacity-building initiatives, including structured training programmes for Presiding Officers, Registrars, Asst. Registrars, Recovery Officers and other staff members of the Tribunals. To further address the issue of pendency of cases in the Tribunals, it was suggested to identify the  cases for mediation in respect of  pending as well as fresh cases. On the technology front, mandatory e-filing, hybrid hearing facilities, and continuous enhancements under e-DRT 2.0 are contributing to improved efficiency and transparency. Participants were encouraged to maximise the use of these technological tools. The revamped BAANKNET e-auction platform is further facilitating better asset visibility and value realisation. DFS remains committed to ensuring a robust, transparent, and efficient adjudication framework. *** AD " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); return tmp.textContent || tmp.innerText || ""; 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top:82%; right: 20px; width: 230px; height: 70px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 18px, #6e2b8b 18px, #6e2b8b 36px ); border-top: 8px solid #9a2375; border-bottom: 8px solid #9a2375; border-radius: 8px; overflow: hidden; box-shadow: 0 4px 12px rgba(0, 0, 0, 0.4); animation: moveFilm 8s linear infinite; z-index: 10; } /* film sprocket holes */ .film-roll-badge::before, .film-roll-badge::after { content: ""; position: absolute; width: 100%; height: 10px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 10px, #fff 10px, #fff 20px ); left: 0; z-index: 2; } .film-roll-badge::before { top: -4px; } .film-roll-badge::after { bottom: -4px; } .film-roll-inner { position: relative; height: 100%; display: flex; align-items: center; justify-content: center; animation: flicker 2s infinite ease-in-out; } .countdown-text { font-size: 1.3rem; font-weight: 700; color: #fff; text-shadow: 0 0 6px rgba(255, 255, 255, 0.4), 0 0 10px #000; white-space: nowrap; } /* === Animations === */ @keyframes moveFilm { 0% { background-position: 0 0; } 100% { background-position: 120px 0; } } @keyframes flicker { 0%, 100% { opacity: 1; } 50% { opacity: 0.9; } 25% { opacity: 0.95; } 75% { opacity: 0.85; } } /* === Responsive Adjustments === */ @media (max-width: 1500px) { .film-roll-badge { top: 68%; right: 18px; /* width: 220px; */ height: 65px; font-size: 0.85rem; } .press-section { margin-top: 35px; } } @media (max-width: 992px) { .film-roll-badge { top: 52%; right: 10px; width: 200px; height: 60px; } } @media (max-width: 768px) { .film-roll-badge { top: 56%; right: 10px; width: 124px; height: 55px; } .countdown-text { font-size: 0.9rem; } } @media (max-width: 576px) { .film-roll-badge { top: 59%; right: 5px; /* width: 160px; */ height: 50px; } .countdown-text { font-size: 0.85rem; } } const festivalStart = new Date("2025-11-20T00:00:00").getTime(); const festivalEnd = new Date("2025-11-28T23:59:59").getTime(); const countdownElement = document.getElementById("countdown"); const interval = setInterval(() => { const now = new Date().getTime(); // BEFORE FESTIVAL — show days + hours left if (now = festivalStart && now el.style.width = "350px"); clearInterval(interval); } }, 1000); //

Original PIB release
pib.gov.in · PRID 2257504

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DFS Convenes Colloquium of DRAT Chairpersons and DRT Presiding Officers to Strengthen Debt Recovery Framework

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