An asset or account of borrower which has been classified, Ask an Expert

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An asset or account of borrower, which has been classified by a bank or financial institution as sub-standard, doubtful or loss assets as per the guidelines issued by RBI.

An Asset/Advance is considered as non-performing in case if interest or instalment of principal or both remain unpaid for more than two quarters in a financial year.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9533939

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