Non Performing Loan

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Non Performing Loan

A loan in or near default. According to the International Monetary Fund, a non-performing loan is any loan in which: interest and principal payments are more than 90 days overdue; or more than 90 days' worth of interest has been refinanced, capitalized, or delayed by agreement; or payments are less than 90 days overdue but are no longer anticipated. Another definition of a non-performing loan is one in which the maturity date has passed but at least part of the loan is still outstanding. The specific definition is dependent upon the loan's particular terms.
References in periodicals archive ?
Information came to me that he may be having as much as Rs 72,000 (crores) in Non-Performing Assets (NPA).
Fitch Ratings has said that the focus on non-performing assets could push weak banks in India closer to a capital adequacy breach.
The Reserve Bank of India (RBI) carried out assessments on the asset quality across the banking industry last month, and then mandated banks to recognise visibly strained assets as non-performing assets (NPAs).
6 per cent, respectively while, total non-performing assets declined by 4.
We are cautiously optimistic that the peak in non-performing assets occurred in the first quarter of 2010 when they reached a level of USD10.
Second Quarter Results -- Non-performing assets decreased to $438.
Generally, the motivation is to improve the balance sheet and increase earnings by reducing non-performing assets and loan losses.
Ocean Bank also reported another significant drop in non-performing assets, down 11 percent to $209.
A source with the government said that non-performing assets (NPAs) in the steel sector are expected to ease in FY18.
In addition, bank-wise yearly data on capital adequacy ratio (CRAR), movement of non-performing assets (NPAs) and unclaimed deposits etc.
4m in non-performing assets which resulted in a significant improvement in asset quality.
Indian rating agency, ICRA, has opined that banks in the nation could be masking their non-performing assets in a bid to de-stress their balance sheets.