BANKING GENERAL KNOWLEDGE
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Question
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What is the full form of the term ‘NPA’ as used in banking environment?
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Not Profitable Assets
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New Potential Accounts
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Non Performing Assets
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Net Performing Assets
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Explanation:
Detailed explanation-1: -What is Non Performing Assets. Definition: A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days. Description: Banks are required to classify NPAs further into Substandard, Doubtful and Loss assets.
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