📝 One-liners · 65 cards
SARFAESI
What does SARFAESI stand for?
SARFAESI stands for Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
What is the full form of NPA in the context of SARFAESI?
Non-Performing Asset
In which year was the SARFAESI Act enacted?
The SARFAESI Act was enacted in the year 2002.
Under SARFAESI, what is the minimum loan amount threshold for action?
Rupees one lakh outstanding dues
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