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