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A non-performing asset is a common line item on the balance sheet of most financial institutions. To the bank or financial institution carrying the asset, it represents a debt obligation where the agreed upon interest is no longer being paid by the borrowers for a long period of time. An example of a performing asset is a mortgage that is paid up to date. An example of non-performing asset is a mortgage that is in foreclosure.
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What is the fullform of NPA as used in banking sector?
non performing assets
What is full form of NBFC as used in the financial sector?
Non Banking Finance Company
Why would one join the banking sector after doing engineering?
the banking sector is growing,give a right platform to enhance my managerial skill,the prestige we get when we work in bank is non- comparable.
Why you interested exim bank?
the banking sector is groming,give a right platform to enhance my managerial skill,the prestige we get when we work in bank is non- comparable. the banking sector is groming,give a right platform to...
Why are you interested in exim bank?
the banking sector is groming,give a right platform to enhance my managerial skill,the prestige we get when we work in bank is non- comparable. the banking sector is groming,give a right platform to...
What are the salient features of Indian banking sector?
The salient features of Indian banking sector is that it comprises commercial and private banks. The commercial banks are made up of scheduled and non-scheduled commercial banks.
Why you interested in exim bank?
the banking sector is groming,give a right platform to enhance my managerial skill,the prestige we get when we work in bank is non- comparable. the banking sector is groming,give a right platform to...
Why you are interested exim bank?
the banking sector is groming,give a right platform to enhance my managerial skill,the prestige we get when we work in bank is non- comparable. the banking sector is groming,give a right platform to...
What is ment by non banking assets?
No banking company can directly or indirectly deal in the buying or selling or bartering of goods, except in connection with the realisation of security given to or held by it. A bank can not acquire certain asset but can lend against such assets. this means that sometimes, in case of failure on the part of the loanee to repay the loans, the bank may have to take possessions of such assets. In that case, the assets will be shown in the balance sheet as "non banking assets." these assets must be disposed off in maximum seven years. Hope its the correct answer of your question....!!
Classification of financial institutions?
These are the intermediation that mobilized savings and helps in allocation of Funds in efficient manner. Financial Institutions can be classified as Banking and Non-Banking Financial Institutions are of two types schedule, can be Commercial Banks and Schedule Co-Operative Bank. The Schedule Commercial Banks can be Further classified into Public Sector Bank, Private Sector bank, Foreign Sector Bank. In India the Non-Banking Institution are of two types, i.e. Non-Banking Financial Companies & Development Financial Institutions.
Why you want join bank?
the banking sector is groming,give a right platform to enhance my managerial skill,the prestige we get when we work in bank is non- comparable. the banking sector is groming,give a right platform to enhance my managerial skill,the prestige we get when we work in bank is non- comparable.
Why do you want to join bank?
the banking sector is groming,give a right platform to enhance my managerial skill,the prestige we get when we work in bank is non- comparable. the banking sector is groming,give a right platform to enhance my managerial skill,the prestige we get when we work in bank is non- comparable.
