Explain Non Performing Asset?

1.	Explain Non Performing Asset?
Answer» An asset or account of borrower,which has been classified by a bank or financial instution as sub-standard,doubtful or loss assets as per the guidelines issued by RBI. An Asset/Advance is considered as non-performing in casse if interest or isntalment of PRINCIPAL or both remain unpaid for more than TWO QUARTERS in a financial year. An asset or account of borrower,which has been classified by a bank or financial instution as sub-standard,doubtful or loss assets as per the guidelines issued by RBI. An Asset/Advance is considered as non-performing in casse if interest or isntalment of principal or both remain unpaid for more than two quarters in a financial year.

Answer»

An asset or account of borrower,which has been classified by a bank or financial instution as sub-standard,doubtful or loss assets as per the guidelines issued by RBI.

An Asset/Advance is considered as non-performing in casse if interest or isntalment of PRINCIPAL or both remain unpaid for more than TWO QUARTERS in a financial year.

An asset or account of borrower,which has been classified by a bank or financial instution as sub-standard,doubtful or loss assets as per the guidelines issued by RBI.

An Asset/Advance is considered as non-performing in casse if interest or isntalment of principal or both remain unpaid for more than two quarters in a financial year.

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