New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The Primary (Urban) Co-operative Banks are required to

    classify an asset as NPA if the interest and /or instalment of principal remain overdue for a period of more than___?
    A 90 days Correct Answer Incorrect Answer
    B 180 days Correct Answer Incorrect Answer
    C 360 days Correct Answer Incorrect Answer
    D 270 days Correct Answer Incorrect Answer
    E 45 days Correct Answer Incorrect Answer

    Solution

    Just like commercial banks in India the Primary (Urban) Co-operative Banks are required to classify an asset as NPA if the interest and /or instalment of principal remain overdue for a period of more than 90 days.

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