Npa
Aditi (Job) (205 Points)
19 March 2017
When is asset said to be npa? When its is overdue for 90days ya 6mnths?
1 Replies
SUSHANT KUMAR
(Employed)
(258 Points)
Replied 19 March 2017
In case of term loans int. or principal amount or both due for payment for more than 90 days and in case of cash credit when o/s balance exceed the sanction limit for more than 90 days then, the above loans shall be called as N.P.A.
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