NPA
This query is : Resolved
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.
02 April 2009
yes its 120 days RBI did in december.
02 April 2009
Please check the following link:
http://www.dnaindia.com/report.asp?newsid=1229270
http://www.dnaindia.com/report.asp?newsid=1229270
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