{"id":1463,"date":"2022-10-10T18:42:49","date_gmt":"2022-10-10T18:42:49","guid":{"rendered":"https:\/\/fullformfactory.com\/?p=1463"},"modified":"2022-10-10T18:42:49","modified_gmt":"2022-10-10T18:42:49","slug":"drt-full-form","status":"publish","type":"post","link":"https:\/\/fullformfactory.com\/drt-full-form\/","title":{"rendered":"DRT Abbreviation"},"content":{"rendered":"

Looking for DRT abbreviation? We have got you covered in this guide. We have listed down different possible abbreviations of DRT in various groups like Business, Governmental, Transport & Travel, Medical, Regional, and Airport Code.<\/p>\n

FullFormFactory is the largest source of abbreviations generated in different ways using AI and verified by our community. You can see all the abbreviations in different categories popularity-wise followed by the most popular abbreviation of DRT in the image.<\/p>\n

Popular abbreviations of DRT:<\/h2>\n

Searching for DRT abbreviation \/ DRT full form leads to different results in different categories. The below table illustrates the popular acronyms among them.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n
Term<\/th>\nAbbreviation<\/th>\ncategory<\/th>\n<\/tr>\n
DRT<\/td>\nDebts Recovery Tribunal<\/td>\nBanking<\/td>\n<\/tr>\n
DRT<\/td>\nDebt Recovery Tribunal<\/td>\nDepartments & Agencies<\/td>\n<\/tr>\n
DRT<\/td>\nDarta<\/td>\nRailway Station Codes<\/td>\n<\/tr>\n
DRT<\/td>\nDrug-Resistant Tuberculosis<\/td>\nDiseases & Conditions<\/td>\n<\/tr>\n
DRT<\/td>\nDel Rio, Texas<\/td>\nPostal Codes<\/td>\n<\/tr>\n
DRT<\/td>\nDelhi Road Transport<\/td>\nLand Transport<\/td>\n<\/tr>\n
DRT<\/td>\nDel Rio (tx)<\/td>\nAirport Code<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n
\"drt-full-form\"<\/div>\n

You can download this image and share it on social media. If you are a website owner, you can add appropriate citations to use this DRT full form, meaning image.<\/p>\n

What does DRT mean?<\/h2>\n

Debt Recovery Tribunals<\/strong> (DRT) are specialized courts that assist in the collection of debts owed by banks & some other financial organizations to their clients. DRTs may now pursue bankers for delinquent loans over \u20b9 20 lakhs.<\/p>\n

History of Debt Recovery Tribunals (DRTs)<\/h2>\n

Indian banks are always troubled by non-performing assets (NPAs) & risky loans. It was a significant issue before 1993 when certain cases were routinely filed in civil courts, wherein procedures might take years to complete.<\/p>\n

The Recovery of Debts due to Banks and Financial Institutions (RDDBFI) Act-1993 established Debt Recovery Tribunals (DRTs) to assist in debt recovery, including different financial institutions & Banks.<\/p>\n

DRTs are also accessible under the Securitization & Reconstruction of Financial Assets and Enforcement of Security Interests Act (SARFAESI), 2002.<\/p>\n

Recovery of Debts due to Banks & Financial Institutions (RDDBFI) Law<\/h2>\n

Laws of the RDDBFI ensure borrowers and lenders get prompt resolution by allowing them to file Original Applications (OAs) with Debts Recovery Tribunals (DRTs) & reviews to Debts Recovery Appellate Tribunals (DRATs).<\/p>\n

Facts of Debt Recovery Tribunals (DRT)<\/h2>\n