Search results
Results from the WOW.Com Content Network
Non-performing assets had been the single largest cause of irritation of the banking sector of India. [4] Earlier the Narasimham Committee-I had broadly concluded that the main reason for the reduced profitability of the commercial banks in India was the priority sector lending.
The Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (also known as the SARFAESI Act) is an Indian law. It allows banks and other financial institutions to auction residential or commercial properties of defaulters to recover loans . [ 1 ]
A non-performing loan (NPL) is a bank loan that is subject to late repayment or is unlikely to be repaid by the borrower in full. Non-performing loans represent a major challenge for the banking sector, as they reduce profitability. [ 1 ]
Non-current assets are long-term investments, versus current assets that a company can quickly turn into cash.
Non-performing asset, banking term for loans in jeopardy of default, ones that have not paid principal or interest for 90+ days; Northcoast Preparatory and Performing Arts Academy, a high school in Arcata, California, United States; Northland Preparatory Academy, a middle and high school in Flagstaff, Arizona, United States
Accountants have measures to deal with the impairment of assets (e.g. IAS 16) which seek to ensure that an entity's assets are not carried at more than their recoverable amount. [5] In this context, stranded assets are also defined as an asset that has become obsolete or non-performing, but must be recorded on the balance sheet as a loss of profit.
The 100 Crore Club is an unofficial term used by the Indian film trade and media to denote films that achieve significant box office success. In Hindi cinema, it refers to films that have a net domestic box office collection of ₹100 crore (1 billion Indian rupees) or more after deducting entertainment tax. [1]
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Donate