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Finance Ministry pushes DRT speed upgrades to recover more from stuck cases

Economy
Published on 2 May 2026
Finance Ministry pushes DRT speed upgrades to recover more from stuck cases

Lok Adalats may become the fastest route to resolve

The Finance Ministry has held talks aimed at speeding up the disposal of cases through Debt Recovery Tribunals by tightening bank oversight, prioritising high-value matters, and pushing procedural reforms. Officials also discussed using Lok Adalats as an alternate dispute resolution tool, along with capacity-building initiatives, to improve recovery outcomes and reduce delays.

  • Plans focus on faster disposal of DRT cases and better recoveries
  • Banks may face stronger oversight and monitoring for quicker outcomes
  • High-value cases are set to be prioritised for optimal recovery
  • Lok Adalats could be leveraged as an alternate resolution route
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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