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Wednesday, 16 August 2017

Non Performing Assets (NPA) | General Awareness | All Competitive Exams

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Non Performing Assets (NPA) | General Awareness | All Competitive Exams



A Non-performing asset (NPA) is defined as a credit facility in respect of which the interest and/or installment of Bond finance principal has remained 'past due' for a specified period of time. NPA is used by financial institutions that refer to loans that are in jeopardy of default.
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