1.

What Is 90 Days Overdue?

Answer»

It’s a norm for the identification of the “Non-performing asset” (NPA) starting 31 March 2014.

The norm is as follow:

  • Interest or installment of principal remain OVERDUE for more than ninety days in respect of term loan.
  • The ACCOUNT remains out of order for the PERIOD of more than ninety days.
  • The bill remains overdue for the period of more than ninety days.
  • Any amount to be received is DUE for more than ninety days.

It’s a norm for the identification of the “Non-performing asset” (NPA) starting 31 March 2014.

The norm is as follow:


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