VaibhavVaibhav asked 6 months ago
1 Answers
RaviRavi Staff answered 6 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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