hi friends,
please kindly explain what is the meaning of performing assets and non- performing assets.
thanks in advance.
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meaning of performing and non performing assets
Replies (5)
Dear Sudha!
Every bank classifies its advances into two broad catagories 1. Performing assets 2. Non-performing assets.
An assets becomes non-performing when it ceases to generate income for the bank. Advances that regularly generate income for the bank are classified as performing assets.
Thanks & regards
Himanshu Awasthi
kindly click on the following link u ll get a clear answer..
https://www.sa-dhan.net/Adls/WhatsNew/71859.pdf
thanks alot.
any other details u need to know abt banks let me knwo
What is a percentage of non performing assets in Indian banks and how it is treated if the NPA became their athority.
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