Central Bank launches ADR policy to accelerate loan recovery
The central bank has introduced an Alternative Dispute Resolution (ADR) policy to expedite loan recovery and reduce the burden of pending court cases.
The Business Standard21 August 2026, 12:00 AM2 readsAMP
To address the backlog of legal cases and improve the efficiency of loan recovery, the central bank has issued a new Alternative Dispute Resolution (ADR) policy. This directive has been implemented under Section 45 of the Bank Company Act, 1991, and Section 41 of the Finance Company Act, 2023.
