LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Dipankar Sana (Senior Software Engineer)     18 October 2015

Definition of npa

Hello All,

Wanted to know if definition of Non Performing Asset is same for all the banks provided by the RBI or bank can create their own definition for NPA.

I got the definition from RBI master guideline as below :-

Banks should, classify an account as NPA only if the interest due and charged during any quarter is not serviced fully within 90 daysfrom the end of the quarter.

Thanks in advance.

 



Learning

 0 Replies


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register