What are non performing assets in banking?
Answers were Sorted based on User's Feedback
Answer / zahoor ahmad malik
Non Performing assets, we mean those assets which either do
not generate any income in terms of interest or remains
uncovered.When a banker grants a debt to any party on certain
terms and conditions regarding to the repayment of principal
amount and periodic payment of interest on such debt, due to
some reasons (Internal and External)become insolvent and hence
the debt remains unpaid to the banker for a long period of
time which affects the liquidity position of the
bank.Therefore a proper management must be exercised on such
assets as it is the main source of recession in any country
Is This Answer Correct ? | 11 Yes | 1 No |
Answer / raghu.(v.b.com )aps evng clg
Which assets stop a earning capsity itself such type of assets called as NPA
Is This Answer Correct ? | 1 Yes | 0 No |
Bank charges rs.100 debit/credit only in brs, where u can Posted entry,add or less in as per cash book/passbook
Hi Everybody, Can anybody tell me the journal entry for below question, Charged interest on Capital Rs.1,500.00 Thanks,
purchase rice 2 bags rs.7500 and vat charges @5% what is the answer...
Explain how the following transactions would be recorded in a cash book with Cash and Bank columns? i) Deposit of cash into Bank ii) Withdrawal of money from Bank for office use iii) Deposit of cheques (received from others) into Bank iv) Dishonour of cheques deposited into Bank I need a detailed answer..thanks..
3 Answers ABC, Aroma, College School Exams Tests, IDA, Ignou,
As per accounting standards, what is the meaning of "Short Term Liabilities and Long Term Liabilities:? As the Company can change the classification based on their business? Or these meanings are fixed?
What is fbt (fringe benefit tax)?
Is buy or sale trade will impact on Nov? Yes/No Please explain.
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
what will be entry if fixed deposit mature & bank deduct tds also on it
journal entry for interest collected by account holder from the bank?
How to calculate excise duty?
how to treat visa renewal expenses in a company ? is it a prepaid expense?