Today I will discuss the meaning of very important term related to financial institutions like banks. The term is NPA and the full form of NPA is “Non-performing Asset”. Now a days we are daily reading or listening that banks NPAs are increasing on regular basis. Let us understand the meaning of NPA.
As the name suggests, it is that asset which is non performing or in other words which is not giving any return or even the principal amount. Continue reading “Simple Meaning of NPA”