NPA stands for Non-Performing Asset, which refers to a loan or advance where interest or principal payment remains overdue for a period of 90 days or more. NPA is a loan or advance where payment remains overdue for 90 days or more It is a type of asset that does not generate income for the lender NPA is a major concern for banks and financial institutions Examples of NPAs include bad loans, defaulted loans, and restructured loans

IIFL Finance Interview Questions: What is NPA

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What is NPA

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NPA stands for Non-Performing Asset, which refers to a loan or advance where interest or principal payment remains overdue for a period of 90 days or more.

NPA is a loan or advance where payment remain...read more

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