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What does mean the word ?NPA? in Banking Sector
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Answer Posted / vikas bhutda
In banking, NPA are loans given to doubtful customers who
may or may not repay the loan on time. There are two types
of assets viz.,performing and non-performing. Performing
loans are standard loans on which both the principle and
interest are secured and their return is guaranteed.
| Is This Answer Correct ? | 145 Yes | 41 No |
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