Banking · Prudential Norms on Income Recognition and Asset Classification
As per the RBI guidelines, how should banks recognize interest income on Non-Performing Assets (NPAs)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1On a monthly accrual basis
- 2On a quarterly accrual basis
- 3On an annual accrual basis
- 4On a cash basis only✓
Correct answer
On a cash basis only
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