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Govt moves to clear debt recovery cases faster with mandatory e filing and e DRT 2 0
Economy
Published on 3 May 2026
Mandatory e filing and hybrid hearings aim to slash pendency
The Department of Financial Services held a key colloquium in Vigyan Bhavan to tackle the backlog in debt recovery cases. Officials discussed mandatory e-filing, hybrid hearings, and a rollout of e-DRT 2.0, alongside training for tribunal staff and tighter bank oversight. The plan also prioritises high-value matters and uses Lok Adalats and mediation to speed outcomes, with BAANKNET e-auctions improving transparency.
- Mandatory e-filing and hybrid hearings are set for debt tribunals
- e-DRT 2.0 will modernise case management and reduce paperwork delays
- Training, case prioritisation, and mediation/Lok Adalats target faster disposal
- BAANKNET e-auctions aim to boost transparency for distressed assets
Read the full story at IndianWeb2
This summarization was done by Beige for a story published on 
IndianWeb2