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When are Loans and Advances declared as NPA

July 3, 2019

When are loans and advances declared as NPA? Non-performing Assets (NPAs) have become the talk of the town because of the uncontrollable growth in its number over the years. It has made the banks, regulatory bodies and the government of India look into the situation and find alternatives more than ever before. But, how do financial institutions know whether an account is NPA? When do unpaid loans escalate and get labeled as NPA? When the interest or principal installment of the term loan is overdue for more than 90 days.

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When are Loans and Advances declared as NPA