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    <title>Steps to Recover NPAs</title>
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    <description>Public sector banks must monitor and reduce Non-Performing Assets through regulatory oversight and recovery channels including the SARFAESI Act, Debt Recovery Tribunals and Lok Adalats. The Government advised appointing nodal recovery officers, conducting special recovery drives, implementing early warning systems, replacing post-dated cheques with ECS, and coordinating with state governments to accelerate recoveries.</description>
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    <pubDate>Thu, 23 Aug 2012 17:28:12 +0530</pubDate>
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      <description>Public sector banks must monitor and reduce Non-Performing Assets through regulatory oversight and recovery channels including the SARFAESI Act, Debt Recovery Tribunals and Lok Adalats. The Government advised appointing nodal recovery officers, conducting special recovery drives, implementing early warning systems, replacing post-dated cheques with ECS, and coordinating with state governments to accelerate recoveries.</description>
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