what is the meaning of NPL
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Non-Performing Loan.
A nonperforming loan (NPL) is a loan in which the borrower is default and hasn't made any scheduled payments of principal or interest for some time. In banking, commercial loans are considered nonperforming if the borrower is 90 days past due.
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nonperforming loan
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Key Takeaways. A nonperforming loan (NPL) is a loan in which the borrower is default and hasn't made any scheduled payments of principal or interest for some time. In banking, commercial loans are considered nonperforming if the borrower is 90 days past due.
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