https://www.taxtmi.com/news?id=27914 Banks were directed to implement effective monitoring and oversight mechanisms, adopt best practices and clear policies for small and high value cases, and frame settlement policies that account for transaction costs to optimise recovery. Stakeholders were urged to work collectively to reduce pendency and mobilise capital, and all DRTs were to adopt the DRT Regulations 2024 to make processes more efficient and less time consuming. en-us Mon, 23 Sep 2024 09:36:10 +0530 Mon, 23 Sep 2024 09:36:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27914 Banks were directed to implement effective monitoring and oversight mechanisms, adopt best practices and clear policies for small and high value cases, and frame settlement policies that account for transaction costs to optimise recovery. Stakeholders were urged to work collectively to reduce pendency and mobilise capital, and all DRTs were to adopt the DRT Regulations 2024 to make processes more efficient and less time consuming. News - Mon, 23 Sep 2024 09:36:10 +0530 https://www.taxtmi.com/news?id=27914