NPA is either person or account
Answers were Sorted based on User's Feedback
Answer / manjit mishra
NPA
MEAN
NON PREFORMING ASSET
WHEN U R WERE DECLARED NPA ITS MEAN THE PLEAGDE SETURIES NOT U IS FOR BANK .
MIT IS NOT FOR U AND UR
IF U FAIL TO PAY LOAN REPAYMENT
OTHER
Is This Answer Correct ? | 11 Yes | 0 No |
Answer / amit dadhich
NPA MEANS NON PERFORMIN ASSETS
NPA WORD USE IN ABOVE FINANCE COMPANY'S AND BANKING SECTOR
Is This Answer Correct ? | 11 Yes | 1 No |
Answer / bindu
NPA full form is Nonperforming assets used in banking
sector. Banks usually classify as nonperforming assets any
commercial loans which are more than 90 days overdue and
any consumer loans which are more than 180 days overdue.
More generally, an asset which is not producing income.
Is This Answer Correct ? | 11 Yes | 1 No |
Answer / sanjeev
Basically it is a account of a person, which is declare by
the banking sector as NPA as per banking rule of NPA.
Is This Answer Correct ? | 2 Yes | 1 No |
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