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Showing posts from March, 2021

Banking presented by "Financial Skills "

Banking Terms for Outstanding Advances and NPA rule STANDARD ASSETS               -  REGULAR PAYMENT RECEIVED BY BANK                      SMA- (SPECIAL MENTIONED A/C) SMA- 0                                     - IST INSTALLMENT O/S (0 - 30 DAYS) SMA- 1                                    - IIND INSTALLMENT O/S (31 - 60 DAYS) SMA- 2                                     - IIIND INSTALLMENT O/S (61 - 90 DAYS) NPA- NON PERFORMING ASSET -  AFTER 90 DAYS LOAN A/C TURNS TO NPA BY BANK SUB STA...