Accountancy, asked by mahi217, 1 year ago

what is the npa accounts in banking?

Answers

Answered by bhawanapawar

A Non- Performing Asset (NPA) is defined as a credit facility in respect of which the interest and installment of Bond finance principle has remain "past due" for a specified period of time.
"NPA is used by financial instituions that refer to loans that are in jeopardy of default so called NPL."

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