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A non performing loan is that loan whose maturity date has been past but a part of loan is still outstanding.

Q: What is meant by term non-performing loans?

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A non performing loan is that loan whose maturity date has been past but a part of loan is still outstanding.

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It means Non Performing Loan

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No, they are not. A doubtful loan is due by somebody going through temporary difficulties, that are likely to be overcome. A non performing loan is lost.

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bank loan , home rent

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A Non-Performing Asset or NPA is an asset of the bank that is not performing its intended job i.e., earn money for the bank. From the bank point of view, Loans are assets. A loan for which the customer is repaying his monthly installments regularly every month is a properly performing asset. Whereas a loan for which the customer has defaulted on the monthly payment for more than 3 months is considered a non performing asset.

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