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The SARFAESI Act, 2002 empowers banks and financial institutions to recover non-performing assets (NPAs) without court intervention through enforcement of security interests.
Loan recovery is the process by which banks and financial institutions collect outstanding dues from borrowers through legal or negotiated means.
The Debt Recovery Tribunal (DRT) is a specialized judicial body that adjudicates disputes and appeals related to debt recovery actions under the SARFAESI Act, 2002.
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Sarfaesi /Legal /DRT Dept.
Sarfaesi /Legal Dept.
Sarfaesi /Legal Dept.