India, May 24 -- The Government of India issued the following news release:

The Department of Financial Services (DFS), Ministry of Finance organised a colloquium of Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery Tribunals (DRTs) on 24th May 2025 at Vigyan Bhavan, New Delhi. Justice S.V.N. Bhatti, Judge of the Supreme Court of India graced the occasion and delivered the keynote address. The participants included senior officers of the DFS, representatives of various public and private sector banks and Indian Banks' Association.

Secretary DFS highlighted the various key initiatives taken by the Department such as adoption of revised DRT Regulations, mandatory e-filing, hearing through vide...