Economics · Asset Classification & Non-Performing Assets
What is the maximum period for which a bank can hold a 'Doubtful Asset' before it is classified as a 'Loss Asset' if it remains uncollectible?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1There is no fixed period; it depends on auditor assessment or RBI inspection✓
- 23 Years
- 32 Years
- 41 Year
Correct answer
There is no fixed period; it depends on auditor assessment or RBI inspection
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