What does mean the word ?NPA? in Banking Sector
Answers were Sorted based on User's Feedback
Answer / mohammed nawaz
Bank Assets are classified into two categories
1) Performing assets 2) Non performing assets
1)Peforming assets:
Performing assets are those assets on which INTEREST/INSTALMENTS are correctly paid by the customer within prescribed time.
2)Non performing assets:
Non performing assets are those assets on which INTEREST/INSTALMENTS have not been paid for a period of more than 90 days.
further the banks are classified based on provisioning into followings:
Standard assets - Performing assets
Sub-standard assets - non performing assets for a - period upto 1 year
Doubtful assets - Non performing assets for a - period of 1 - 3 years
loss assets - Assets which have been considered bad by manager,auditor or officer of RBI.
For further details mail me at mohammednawaz_ca@yahoo.com
Is This Answer Correct ? | 10 Yes | 1 No |
Answer / rohit patidar
NPA IS THAT CALLED NON PERFORMING ASSETS ARE A BANK A/C AMOUNT WHICH ARE NOT RECOVERD BY DEBT
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / seema
NPA is the amount which remain unpaid during the period and
a 90 days notification is to be given.If in that period
amount not recoveredor no nterest is to be paid then after
90 days period it becomes NPA.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / ajinkya ghole
principal and interest ovredue more than 90 days then the
account need to be classfied as an npa
Is This Answer Correct ? | 3 Yes | 2 No |
Answer / zahoor ahmad malik
Non performong assests are those assests which do not
generate any interest on the debit given to a party or any
person who became an insolvant so the person who had took
the loan from a bank does not repay the interest and the
debt in his account becomes non performing asset as such
asset are idle assets for the bank.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shivendra mishra
Non performing assets for banks are bad debts,recievable
interest and all those assets for which they are creditor.
Note- that amaunt of cash is also NPA which is being used
for day to day transection. becoz that amount is non
performing till it is not invested..
Is This Answer Correct ? | 2 Yes | 2 No |
Answer / parikshit.
N.P.A. ( Non performing Assets ) it is a loan that will not
recovered from the customer within given period of time.
Is This Answer Correct ? | 2 Yes | 2 No |
Answer / raj
any installment of loan which not returned even 90 days after the due date cosiderd non performing asset.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / loknth sahoo, corporation bank
Basic defination of NPA : Non-performing assets is an assets which stop earning to the bank and in turns make loss to the bank. Bank has to make necessary provision depends on security available and also keeping in view the time involves. This assets ultimately liability to the bank over a period of time.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / srinivas m
non performing assets of banks.IT MEANS IF ANY BANK GIVES LOAN TO THE CUSTOMERS.IF THE
INTEREST FOR THAT LOAN IS NOT PAID BY THE CUSTOMER TILL 90
DAYS THEN THAT ACCOUNT IS CALLED AS NPA ACCOUNT.
Is This Answer Correct ? | 0 Yes | 0 No |
hi i am shortlisted to assistant manager in idbi bank..could u help me how to prepare for dat
0 Answers State Bank Of India SBI,
hi this is krishna iam preparing for sbi mains kindly informe that which meterial or book suited for general awareness.
Hello I am a Graduate can anyone tell me which is the good coaching center for Bank PO in Hyderabad and the fee structure.and details.I am week in Maths
Where to get information about Axis Bank Job Vacancies 2009 - Axis Bank Vice President / Manager / Executive Recruitment 2009
please forward me SBI PO's model or old question papers
4 Answers State Bank Of India SBI,
Hi Friends! Anybody got call letter for syndicate bank PO interview?If,pl post here
hello i m avinash and have been selected for the bank of baroda po interview.can one tell me what question could be asked .my email id is avi_zimmy@rediffmail.com .
THOSE WHO HAVE COMPLETED IDBI INTERVIEW AT MUMBAI , PL POST UR QUESTIONS , WHICH WILL HELP OTHER CANDIDATES.
hai iam jyothi,iam applied for syndicate bank po2009. presently iam working as software engineer trainee.i posted a question for which i got a reply "simple the first and foremost question will be Y u want to come to public sector when private sector is paying you good amount???" so whta is the correct reply for this question. plz send to my mail as early as possible
Hai,This is Vani,MCA with 81%,applied for PO of syndicate bank.will i get interview call? How to prepare for that ? Any suggestions, referring books?. Need to revise all MCA subjets? Thanks in advance
hi friends, i have selected for syndicate bank po interview. i am related to physically handicap(OH) category so my interview is on 25sep, 2009. i don't have any idea about what type of questions they are going to ask in inertview. so it is request from those friends who are facing the interview before me. Please mail the questions which will ask from you. (i shall be very thankful to you). MY EMAIL-ID IS ravinder03cse@gmail.com thanks in advance friends Ravinder kumar
anybody interested in changing circle in sbi po
0 Answers State Bank Of India SBI,