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Bank audit

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04 April 2014 When can a party b classified as an npa..? If a party keeps paying some Small amount or the other once in every 90 days, but does not keep his loan account balance in accordance with the repayment schedule (ie., loan account balance is greater than what he ought to maintain) can he still be NOT classified as a npa?

05 April 2014 if there are arrears of principal and interest for 90 days the account becomes NPA at the end of next quarter.



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