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Average Annual Loan Recovery Rate Under DRT 25 %: Report
11 Mar 2016, 11:01 AM IST i


New Delhi: The average annual recovery rate under Debt Recovery Tribunal (DRT) mode was estimated to be around 25 per cent, said a report.
"Consequently, considering a four-year wait to dispose all the cases pending under DRT mode, opportunity cost to banks and financial institutions was estimated to be around Rs 25,000 crore," CUTS International said in a statement.
The average annual recovery rate under Securitisation mode was es...
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