Month: April 2014
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What are Non-Performing Assets? – Clear your Concepts in 2 Minutes
NPAs have been in news for sometime now, with concern expressed by the RBI, Finance Minister as well as rating agencies. What are Non Performing Assets? Non Performing Assets (NPAs) are the debts for which the bank has not received any interest or principal repayment for an extended period of time. Since no income accrues…