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limitation of non performing assests

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Q: Advantages and disadvantages of non performing asset?
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What do you mean by non-performing asset?

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.


What are Non performing asset of banking industry?

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.


What is full name of npa?

The full name of NPA is non-performing asset. A non-performing asset is a financial term which is used to describe loans which are in danger of going into default.


What do you mean by performing asset?

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.


What are the advantages of non statutory audits?

advantages and disadvantages of non statutory audit


Non profitable assets in banking sector?

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 use of non performing assets?

Non performing Assets either a Short term or a Long term asset is marked to be Amortized. It may have a depreciation value.


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advantages and disadvantages of non statutory audit


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There is no disadvantages in this Non Destructive Courses in chennai. because this course having so many advantages so in this course advantages only placed.