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Debt Recovery Tribunals which were set up after the passing of Recovery of Debts due to Banks and Financial Institutions Act (RDBBFI), 1993. This Act was amended in?
2016
2014
2015
2017
2018
- The Recovery of Debts due to Banks and Financial Institutions Act, 1993 was aimed at setting up Debt Recovery Tribunals to facilitate faster recovery of debts for banks and financial institutions.
- 2016: In this year, the Act was amended for faster resolution of recovery cases and to improve the efficiency of Debt Recovery Tribunals.
- 2014: This year wasn't specifically noted for significant amendments to the Recovery of Debts Act.
- 2015: No major amendments to the Act were recorded in this year.
- 2017: Amendments in this year were not related to the Recovery of Debts Act, but other financial reforms occurred.
- 2018: There are no notable amendments to the Recovery of Debts Act in this year.
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