VaibhavVaibhav asked 11 months ago
1 Answers
RaviRavi Staff answered 11 months ago

This question is not from bank audit this is from NBFC, following is text from module, criteria is different when it comes to NBFC
(v) Non-Performing Asset (referred to in these Directions as “NPA”) shall mean:
(a) an asset, in respect of which, interest has remained overdue for a period of six
months or more;

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