Associate Portfolio Manager

Associate Portfolio Manager Interview Questions and Answers

Updated 7 Aug 2021

Q1. If one account gets stamped as NPA, the group accounts will be considered NPA or not?

Ans.

Group accounts may or may not be considered NPA if one account gets stamped as NPA.

  • Whether group accounts will be considered NPA or not depends on the terms and conditions of the loan agreement.

  • If the loan agreement has a cross-default clause, then the group accounts will be considered NPA.

  • However, if the loan agreement has a carve-out provision, then the group accounts may not be considered NPA.

  • The decision ultimately depends on the specific terms of the loan agreement and t...read more

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