A Non-performing asset (NPA) is defined as a credit facility in respect of which the interest and/or installment of principal has remained ‘past due’ for a specified period of time. In simple terms, an asset is tagged as non performing when it ceases to generate income for the lender.
ISBN: 978-81-89996-40-6
895
@copyrights all reserved The Readers Paradise Design By www.cypwebtech.com