what is npa & what are the different types of NPA?
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Answer / h.r. sreepada bhagi
NPA - Non Performing Assets(In Banks). It's expressed as net
NPA & Gross NPA. It's like bad debts.
Is This Answer Correct ? | 22 Yes | 9 No |
Answer / kamlesh
NPA is a Non - Performing Assets means the amount which is
financed to the borrowers are yet to be recovered or
doubtful to recover and companies made arrangement in their
books of accounts for such NPAs.
Some of the accounts are write off from the books of
accounts as they are not yet recovered and no chances of
recovered in future.
Is This Answer Correct ? | 19 Yes | 8 No |
Answer / amit guleria
NPA are receivables of a Bank for loans given to those
costomers whose dues (interest + Installment) is pending to
be paid by costomer from a certain period.( normally
starting from 6 months).The bank lists these receivables as
per their ageing & make provisions according to their age.
Is This Answer Correct ? | 8 Yes | 4 No |
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