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        <h1>Government Boosts Debts Recovery with 39 Tribunals and 2016 Act Amendments to Expedite Loan Dispute Resolution.</h1> The government has established 39 Debts Recovery Tribunals (DRTs) across the country to handle financial disputes. Between 2013 and 2017, DRTs resolved thousands of cases annually. To enhance their efficiency, the Recovery of Debts Due to Banks and Financial Institutions Act and the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act were amended in 2016. Additionally, six new DRTs were set up in various cities, and IT infrastructure was improved. These measures aim to expedite the resolution of defaulted loans, as stated by a government official in a parliamentary session.

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