Question

A Sub-standard asset is a non performing asset that has remained non-performing for a period ________

Q: Answer-A Sub-standard asset is a non performing asset that has remained non-performing for a period _...

Non performing assets can be further categorized as Sub Standard Assets - An asset which has remained NPA for a period less than or equal to 12 months Doubtful Assets - An asset which has remained in the substandard category for a period of 12 months. Loss assets - Identification of loss by bank, or internalexternal auditor, or RBI Asset not written off wholly Asset is considered uncollectible and its continuance as a bankable asset is not warranted but may have some salvage and recovery value .