Question

In credit monitoring, what does 'SMA-2' classification imply regarding a loan account?

Q: Answer-In credit monitoring, what does 'SMA-2' classification imply regarding a loan account?

Special Mention Accounts SMA are categorized to identify stress early SMA-0 130 days, SMA-1 3160 days, and SMA-2 6190 days. Once it crosses 90 days, it becomes an NPA.

A Principal or interest payment is overdue between 1–30 days.

B Principal or interest payment is overdue between 31–60 days.

C Principal or interest payment is overdue between 61–90 days.

D The account has remained an NPA for 12 months.

E The account is showing signs of incipient stress but no overdues.

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In credit monitoring, what does 'SMA-2' classification imply regarding a loan account?

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