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NPA stands for Non-Performing Asset. It refers to a loan or advance where interest or installment of principal remains overdue for a period of 90 days.
NPA indicates that the borrower is not able to generate enough income to repay the loan.
Banks classify NPAs into substandard, doubtful, and loss assets based on the period for which the asset has remained non-performing.
NPAs impact the profitability and liquidity of bank...
Collection is the process of recovering unpaid debts from customers through various means.
Collection involves contacting customers who have outstanding debts and persuading them to make payments.
The process may include sending reminders, making phone calls, and offering payment plans.
Before taking collection action, it is important to review the customer's payment history and attempt to resolve any disputes or issues.
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Top trending discussions
posted on 13 Dec 2023
I applied via Referral and was interviewed in Nov 2023. There were 4 interview rounds.
Chek the candidate behaviour
posted on 6 Dec 2024
I applied via Referral and was interviewed before Dec 2023. There were 3 interview rounds.
Asking about work background and family.. asking about salary expectations
I applied via Referral and was interviewed before Sep 2021. There were 2 interview rounds.
posted on 5 May 2021
I applied via Recruitment Consultant and was interviewed in Apr 2021. There was 1 interview round.
posted on 7 Jul 2017
I applied via Referral and was interviewed in Nov 2023. There were 2 interview rounds.
The collection purpose refers to the reason for gathering or accumulating certain items or information.
Collection purpose helps in determining the intended use of the collected data.
It ensures that the collected items or information are relevant and necessary for a specific purpose.
Examples of collection purposes include market research, customer profiling, data analysis, and record-keeping.
Collection purpose also help...
based on 2 interviews
Interview experience
based on 46 reviews
Rating in categories
Collection Officer
680
salaries
| ₹1.8 L/yr - ₹3.5 L/yr |
Senior Collection Officer
238
salaries
| ₹2 L/yr - ₹3.8 L/yr |
Collections Executive
233
salaries
| ₹1.9 L/yr - ₹3.1 L/yr |
Sales Executive
213
salaries
| ₹1.5 L/yr - ₹3.3 L/yr |
Collections Manager
209
salaries
| ₹2.1 L/yr - ₹5.8 L/yr |
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