Banking Awareness - Basics Of Banking & Banking Terminology
After how many days of non-payment does a standard bank loan generally become an NPA?
After how many days of non-payment does a standard bank loan generally become an NPA?
easy Q12 of 15
Step-by-Step Solution
Step 1: Recall RBI norm
Banks follow a fixed overdue period for NPA classification.Step 2: Apply the rule
If interest or principal is overdue beyond 90 days, the loan is an NPA.Final Answer:
90 days → Option BQuick Check:
90 days overdue = NPA benchmark ✅
Quick Trick: Remember the number 90.
Common Mistakes:
- Choosing 180 days from older norms.
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