What Is Non-Performing Asset (NPA): Its Impact and More
What is a Non-Performing Asset (NPA)? A non-performing asset (NPA) is a loan or advance that is outstanding or delinquent because the principal or interest payment occurred 90 days before the due. RBI said in a 2007 circular: “When an asset ceases to generate income for the bank, it becomes unproductive.” How do non-performing assets … Read more