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    <title>RBI asks NBFCs to get ready for Settlement of Dues through Lok Adalat to be held on November 23, 2013</title>
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    <description>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.</description>
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