Tell me about NPA.

Question

Tell me about NPA.

Accepted Answer

NPA stands for Non-Performing Assets which are loans or advances that are in default or are close to being in default.

NPA is a term used in banking and finance.
It refers to loans or advances that are not being repaid by the borrower.
If a borrower fails to make payments for 90 days or more, the loan is classified as an NPA.
Banks and financial institutions try to recover the amount by taking legal action or selling the collateral.
NPA is a major concern for banks as it affects their profitability and financial stability.

Accepted Answer

Npa company pending non purpose accoate

Accepted Answer

NPA (Non Performing assets)

SMA-0 (30DAYS)

SMA-1 (30 DAYS TO 60 DAYS)

SMA-2.(60 DAYS TO 90 DAYS)

Accepted Answer

NPA means Non performing assets,,

A loan generated for long duration crops will be treated as NPA, if the instalment of principal or intrest thereon remains overdue for one crop season.

Accepted Answer

NPA means Non performing assets,,

A loan generated for long duration crops will be treated as NPA, if the instalment of principal or intrest thereon remains overdue for one crop season.