Accountancy, asked by gogoipriyanuj280903, 6 hours ago

If my Bank Balance is -1000 INR i.e below zero bank balance. Then, is this situation called Bank Overdraft?

Answers

Answered by blacksheephhhhh

Answer:

A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. Description: Banks are required to classify NPAs further into Substandard, Doubtful and Loss assets.

Answered by Orosmit

Answer:

Yes but No at same time...If assume it is -1000 then it can be but practically it's Impossible..

Explanation:

Previous Question

Next Question

Similar questions

English, 3 hours ago

imagine you are arpita head girl of your school draft anotic information the students about the various competition to be organised in the occasion of van mahotsav.

Math, 3 hours ago

If 2(x²+1) =5x , find : x- 1/x...

Math, 3 hours ago

In a tea garden, number of rows of tea plants and number of tea plants in each row are same. 835 plants are supplied to the garden. But it is seen that more plants are required to satisfy the above condition. How many additional tea plants are required?

Political Science, 6 hours ago

Which Bank has the maximum number of overseas bank branches? Plss help...

Math, 6 hours ago

do the sum of the rational number 4/6+8/2...

Math, 8 months ago

Expand the following (p+q-r)²...

India Languages, 8 months ago

वोलो भारत माता की Follow Me Indians ...

English, 8 months ago

2. Guru Nayak was his ..... (a) friend (b) enemy (c) customer...

If my Bank Balance is -1000 INR i.e below zero bank balance. Then, is this situation called Bank Overdraft?​

Answers

If my Bank Balance is -1000 INR i.e below zero bank balance. Then, is this situation called Bank Overdraft?