what is npa & what are the different types of NPA?
Answer Posted / 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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