Banking · NPA Management
Consider the following statements: Statement 1: Borrower resistance can accelerate the NPA recovery process. Statement 2: Borrower resistance typically leads to extended negotiations, slowing down the recovery process.
- 1Statement 1 is incorrect, Statement 2 is correct✓
- 2Statement 1 is correct, Statement 2 is incorrect
- 3Both Statement 1 and Statement 2 are incorrect
- 4Both Statement 1 and Statement 2 are correct
Correct answer
Statement 1 is incorrect, Statement 2 is correct
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