Answer Posted / kiran dhakate

It is an NON PERFORMING ASSET.
It is an amount given by the bank to borrower in the form of
loan. when that borrower of loan SKIPs three installments
continuously i.e. a period of 90 days from the date of last
payment of installment. the borrower fails to pay that
amount in continue till 90 day, it is treated as NON
PERFORMING ASSET.

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