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    5. As per IRAC norms, an asset becomes NPA when the interest or installment remains overdue for more th

    Question

    As per IRAC norms, an asset becomes NPA when the

    interest or installment remains overdue for more than:
    A 60 days Correct Answer Incorrect Answer
    B 90 days Correct Answer Incorrect Answer
    C 120 days Correct Answer Incorrect Answer
    D 180 days Correct Answer Incorrect Answer
    E 30 days Correct Answer Incorrect Answer

    Solution

    Non-performing assets are those loans where interest or principal remains overdue for more than 90 days.

    Practice Next
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    • SBI CBO

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