The NPA (Non-Performing Asset) days limit, also known as the NPA recognition criteria, varies across different banking regulations and jurisdictions. In many countries, including India, the NPA days limit is typically defined as follows:
For loans: A loan is classified as a non-performing asset (NPA) if the borrower fails to make interest or principal payments for a period of 90 days or more. This means that if a borrower doesn’t make payments for 90 consecutive days, the loan is considered non-performing.
For other credit facilities: Similarly, for other credit facilities like overdrafts, cash credit, etc., the NPA recognition criteria are often based on the 90-day delinquency period.
However, it’s essential to note that specific regulations may vary from one country to another and may also be subject to changes over time based on economic conditions and regulatory updates. Therefore, it’s crucial to refer to the latest banking regulations and guidelines issued by the relevant regulatory authority in a particular jurisdiction to determine the exact NPA days limit.
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