Mathematics · Banking Aptitude
Based on the case details provided, compute the Gross Non-Performing Assets (Gross NPA) for Everest Textiles Ltd. Case Details: Everest Textiles Ltd. availed a term loan of ₹25 crore in April 2022 from XYZ Bank with quarterly interest payments. They also had a cash credit limit of ₹5 crore. By February 2024, the account was classified as sub-standard due to overdues exceeding 90 days. The overdues are as follows: - Term loan interest overdue: ₹1.2 crore - Cash credit interest overdue: ₹0.5 crore - Principal overdue: ₹2.0 crore
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹4.0 crore
- 2₹3.2 crore
- 3₹3.5 crore
- 4₹3.7 crore✓
Correct answer
₹3.7 crore
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