INTRODUCTION Action for enforcement of security interest can be initiated only if the secured asset is classified as Nonperforming asset. Non performing asset means an asset…
NPA s Definition, Classification and Provisioning Jaideep S Sethi Based on: 1. RBI Master Circular on Income Recognition, Asset Classification, Provisioning & Other Related…
Slide 1 NON-PERFORMING ASSETS (NPA) Year ending March 31 Specified period 1993 four quarters 1994 three quarters 1995 onwards two quarters An asset, including a leased asset,…
Prudential Norms for Asset Classification, Income Recognition and Provisioning Prudential Norms for Asset Classification, Income Recognition and Provisioning Ritika Jain…