Cabinet approved establishment of six new Debt Recovery Tribunals (DRTs) at Chandigarh, Bengaluru, Ernakulam, Dehradun, Siliguri and Hyderabad (4 DRTs at Bangaluru, Chandigarh, Ernakulam & Hyderabad are additional DRTs).

A study conducted through Indian Banks Association (IBA) in consultation with all stake holders, recommended rationalization of jurisdiction of some DRTs and setting up of six more DRTs. The number of cases pending with DRTs is over 50,000 and cases are increasing.

The Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (RDDBFI Act) was enacted to provide for the establishment of Debt Recovery Tribunals (DRTs) and Debt Recovery Appellate Tribunals (DRATs) for expeditious adjudication and recovery of debts due to banks and financial institutions. After the enactment of the SARFAESI Act 2002, DRTs have the Appellate jurisdiction under the said Act. The Finance Minister, in his Budget Speech on 10.7.2014 announced that six new DRTs would be set up.

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Prime Minister shares Sanskrit Subhashitam highlighting the transformative power of true knowledge
May 26, 2026

The Prime Minister, Shri Narendra Modi, said that true knowledge paves the way for the welfare of the nation, society and the entire humanity. He noted that it is important that our knowledge and actions become a source of inspiration for all humankind.

The Prime Minister shared a Sanskrit Subhashitam-

“आत्मा शुद्धः सदा नित्यः सुखरूपः स्वयम्प्रभः।

अज्ञानान्मलिनो भाति ज्ञानाच्छुद्धो भवत्ययम्‌।। ”

The Subhashitam conveys that the the Ātman is by nature always pure, eternal, blissful, and self-luminous. However, because of ignorance, it appears impure; through true knowledge, it once again reveals its pure nature.

The Prime Minister wrote on X;

“सच्चा ज्ञान देश, समाज और समस्त मानवता के कल्याण का मार्ग प्रशस्त करता है। इसलिए यह जरूरी है कि हमारा ज्ञान और हमारे कर्म पूरी मानवता के लिए प्रेरणा बनें।

आत्मा शुद्धः सदा नित्यः सुखरूपः स्वयम्प्रभः।

अज्ञानान्मलिनो भाति ज्ञानाच्छुद्धो भवत्ययम्‌।।”