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What does mean the word ?NPA? in Banking Sector
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Answer Posted / navya
NON PURCHASE AGREEMENT
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 ? | 49 Yes | 55 No |
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