How bank's NPA increases & affects people | Master Stroke Budget Edition
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Updated at:
28 Jan 2020 11:16 PM (IST)
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The 'Budget Edition' of Master Stroke brings you how banking system of India and the increasing non-performing assets (NPAs) are affecting citizens' money, economy and gross domestic product (GDP) of the country.
A non-performing asset is defined as a credit facility in respect of which the interest or installment of principal has remained 'past due' for a specified period of time. This report explains how NPA of a bank increases and affects common man.
A non-performing asset is defined as a credit facility in respect of which the interest or installment of principal has remained 'past due' for a specified period of time. This report explains how NPA of a bank increases and affects common man.