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What are the non performing assets of banks ?

Do banks have to restructure nonperforming assets ? What are performing standard assets? What are substandard assets? What are doubtful assets? What are loss assets?

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Question added by Subhranshu Ganguly , Quality Analyst. , WIPRO
Date Posted: 2013/11/28
Amir Abuyassen
by Amir Abuyassen , Development Manager , Eco N.A.S International

loan or advance for which the principal or interest payment remained overdue for a period of 90 days.

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