General Knowledge · Banking Terms

When interest or principal installment on a loan remains overdue for more than 90 days, it is classified as a:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Loss Asset
2Non-Performing Asset (NPA)✓
3Sub-standard Asset
4Standard Asset

Correct answer

Non-Performing Asset (NPA)

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When interest or principal installment on a loan remains overdue for more than 90 days, it is classified as a:

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When interest or principal installment on a loan remains overdue for more than 90 days, it is classified as a:

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