Legal Question in Banking Law in India
how to classify NPAs for the Financial Year 2009-10
Asked on 3/27/10, 12:18 am
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
If there is default in payment of interest accrued in two quarters or two instalments in term loan repayment, then the account has to be classified as NPA.
Answered on 4/03/10, 6:11 am
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