BankDRT is a group of web sites and brick & mortar institutions aimed at assisting parties associated with the difficult task of handling NPAs.
Sale of mortgaged assets is an inevitable part of business cycle –unless active intervention by the asset owner at the appropriate time.
The lack of decent exit policy, cumbersome liquidation procedures, torturous labor claim settlements, onerous BIFR proceedings and a host of other commercial and social factors make it extremely difficult for the owners of assets to close down their operations at the appropriate time and make the best of the worst situation.
BankDRT is promoted by public spirited group of professionals assisted by a host of experts drawn from diverse fields aimed at a single objective of delivering high quality cutting edge information, data and services to individuals, institutions and organizations to help them wade through the maze of NPA issues.
This site aims to provide high lights of major auctions-sale of NPAs being conducted by various DRTs, Banks, Financial Institutions, Official Liquidators and other statutory authorities. Should any asset interest you please contact the concerned Authorised Officer of the bank, or contact us.