A Non Performing Asset (NPA) is a loan
or an advance where
i) interest and/ or installment of
principal remain overdue for a period of
more than 90 days in respect of a
term loan.
ii) the account remains ‘out of
order’ in respect of an Overdraft/Cash
Credit (OD/CC).
iii) the bill remains overdue for a
period of more than 90 days in the case
of bills purchased or discounted.
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