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Npa of banks

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(Querist)
13 January 2012 under what circumstances can an asset be declared NPA ?
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Shruti Mishra

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Shruti Mishra (Querist)
13 January 2012 this is with reference to NPA declared by banks.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
14 January 2012 Please read clause 3 of the article in http://www.cab.org.in/Lists/Knowledge%20Bank/Attachments/34/INCOME.pdf
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Shruti Mishra

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Shruti Mishra (Querist)
14 January 2012 i am not able to open the link. please provide a proper link.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
14 January 2012 The link is correct. I opened it now also. Contains 9 pages and is a good write up.
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Shruti Mishra

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Shruti Mishra (Querist)
14 January 2012 THANK U SIR.
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