Yash Sharma
(CA - FINAL)
(138 Points)
Replied 18 January 2011
NPA mean Non Performing Assets
used in banking sector for loan accounts
as per rbi guidline it is presently 90 days earlier it was 1 year
if any person doesnot repays his interest on loan for period said above whether consecutive months or not
this NPA can be Regularies on payment of unpaid due interest + other fine by borrower
CA NISHANT SAURABH
(cs)
(457 Points)
Replied 18 January 2011
NPA ie; NON PERFORMING ASSETS...are those advances made by banks which remains overdue for a period of 90 days after its due date...ie; neither interest nor principal amount is repaid on these advances.
NARENDER PAWAR
(CA final Student)
(337 Points)
Replied 19 January 2011
NPA means non performing assets, wich means from whom not any income generated
Parthenia
(gtfghtfhtyuhy)
(23 Points)
Replied 19 January 2011
Non Performing Asset - that is more a liability than a profit to the bank.
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25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
