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<h1>Lok Adalat settlement urged for banks and NBFCs to resolve long pending dues including negotiable instruments disputes.</h1> Reserve Bank of India urged Non Bank Financial Companies to participate in an All India Lok Adalat organised by the national legal services mechanism to settle long pending dues, including negotiable instrument disputes, and the Department of Financial Services communicated the desire that banks and NBFCs be directed to take part to facilitate institutional engagement in debt resolution through ADR.
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