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02 April 2009 I HEARD THAT FOR AN ASSET BECOMING AS NPA NUMBER OF DAYS HAD INCREASED FROM 90 DAYS TO 120 DAYS BY THE RBI DUE TO RECESSION. IS THIS CORRECT. IF SO CAN YOU GIVE THAT NOTIICATION.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
02 April 2009 yes its 120 days RBI did in december.
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K V Subba Rao

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K V Subba Rao (Expert)
02 April 2009 Please check the following link:

http://www.dnaindia.com/report.asp?newsid=1229270
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