Question

In which of the following situations an NPA account can be upgraded to standard account?

Q: Answer-In which of the following situations an NPA account can be upgraded to standard account?

As per RBI guidelines, a loan account can be upgraded to standard from NPA only if all the arrears of interest and principal are paid by the borrower.

A The last one month arrears and current month interest and principal is cleared

B The last financial year arrears of interest and principal are cleared.

C All arrears of interest is paid

D All arrears of principal is paid

E All arrears of interest and principal is paid

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In which of the following situations an NPA account can be upgraded to standard account?

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