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An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
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An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
Prudential norms relate to income recognition,asset classification,provisioning of NPAs and capital adequacy ratios( capital to risk weighted asset ratio, CRAR)
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An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
IRAC stands for Income Recognition, Asset Classification Norm stipulated by the Reserve Bank of India for Banks and Financial Institutions.
Tangible asset