Please Help: Bank Audit
Posted Date : 16-Apr-2016 , 10:19:32 pm | Posted By Ayush Kumar Agrawal
During Audit of one of the branch of a bank, i found the customer of bank to whom bank gave a term loan . The period of loan is for five year. In the first year of tenure the party pay almost 95% of his loan liability. But, in subsequent year the party did not pay any amount. Will this account considered as NPA or not.
Category : Banking | Answers : 0 | Comments : 1 | Hits : 376


Comments
narendra
18-Apr-2016 , 10:37:06 amno this account should not be considered as npa