what is NPA

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what is NPA ..

Answer / pinal

Loans and advances given by banks to its customers is as
asset to the bank. But, when repayment of interest and
Principal is overdue, such asset is classified as NPA in the
financial reports of banks.

Is This Answer Correct ?    38 Yes 3 No

what is NPA ..

Answer / prashanthi

NPA is nothing but NON PERFORMING ASSETS
Simply its a Bad Debts to Bank.

Is This Answer Correct ?    23 Yes 10 No

what is NPA ..

Answer / kool

Banks earn income from an asset(loan in case of banks)by
way of interest. As long as the asset is good (performing),
it generates income for banks. When an assets becomes
bad,it stops generating income. Banks cannot charge
interest on bad assets. Thats why it is called as Non
Performing Asset.

Is This Answer Correct ?    9 Yes 1 No

what is NPA ..

Answer / surbhi naval gadhiya

A NPA WAS DEFINED AS A CREDIT IN
RESPECT OF WHICH INTREST AND
INSTALLMENTS OF PRINCIPAL,
AMOUNT HAS REMAINED 'PAST DUE'
FOR A SPECIFIC PERIOD OF TIME.

SPECIFIC PERIOD IS REDUCED IN
A PHASE MANNER AS UNDER;
1993-4 QUARTER
1994-3 QUARTER
1995-2 QUARTER

Is This Answer Correct ?    4 Yes 2 No

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Hi friends i am M.Ponraj, i have been selected for the post of Sorting Assistant in RMS'T'Division(Tiruchirapalli), Department of Posts, India on December 29th 2009. In trichy division 23 candidates were selected and 10 of them were given induction training and they are to be posted in trichy division. I am waiting for the induction training. In the mean time i got selected in the SBI-Clerk written exam and attended the interview for it in Chennai on 26th April 2010. Any one selected as Sorting Assistant in RMS attended SBI-Clerk interview on april or may 2010. If so Please mail me to mponrajbe@gmail.com Thanks, M.Ponraj (+91-9655975726) 22nd May 2010

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