Future of Debt Recovery Tribunals (DRTs) in India: Reform, Digitalisation, and the Road Ahead
India’s credit ecosystem is expanding at a pace that was unimaginable when Debt Recovery Tribunals (DRTs) were first introduced in the 1990s. Today’s financial landscape involves digital lending platforms, cross-border financing structures, fintech-backed credit models, stressed asset acquisitions, and increasingly sophisticated enforcement disputes. Yet, the institutional framework responsible for debt recovery continues to face persistent […]