Home » Interview » Accounting and Finance

Bad loans in banking terminology are generally known as

Correct Answer: NPA's

Explanation:

Bad loans in banking terminology are generally known as NPA's. A Non - performing Asset (NPA) is defined as a credit facility in respect of which the interest and installment of principal have remained 'past due' for a specified period of time.


← Previous Question Next Question→

Discussion & Comments

No comments yet. Be the first to comment!
Join Discussion