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Question: What is the meaning of Non Performing Asset (NPA)?
Answer: A loan or lease that is not meeting its stated principal and interest payments. Banks usually classify as nonperforming assets any commercial loans which are more than 90 days overdue and any consumer loans which are more than 180 days overdue. More generally, an asset which is not producing income.
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Question: What is the meaning of Non Performing Asset (NPA)?
Answer: A loan or lease that is not meeting its stated principal and interest payments. Banks usually classify as nonperforming assets any commercial loans which are more than 90 days overdue and any consumer loans which are more than 180 days overdue. More generally, an asset which is not producing income. Source: CoolInterview.com If you have the better answer, then send it to us. We will display your answer after the approval Rules to Post Answers in CoolInterview.com:-
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