Understanding Non-Performing Assets (NPAs) and Their Impact on the Financial Sector
Introduction to Non-Performing Assets Non-performing assets (NPAs) are a critical concern for financial institutions, particularly within the banking sector. An asset is classified as non-performing when it ceases to generate income for the lender. Typically, this classification occurs when the borrower fails to make scheduled payments on their loan for a period exceeding 90 days. … Read more