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NPA GUIDELINES
What does NPA stand for in the context of Indian banking?
NPA stands for Non-Performing Asset, which is a loan or advance where interest and/or principal repayment has remained overdue for a specified period.
What is the time threshold for classifying a term loan as NPA based on interest overdue?
Interest overdue for more than 90 days
As per RBI guidelines, after how many days does a loan account become an NPA for term loans?
A term loan becomes an NPA when interest or principal installment remains overdue for more than 90 days.
What is the full form of SMA-0 in RBI's early warning system?
Special Mention Account with 1-30 days overdue
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