Non Performing Assets Archives

Gross Non-Performing Assets (GNPA) of Public Sector Banks

By CA Satbir Singh | November 29, 2016

Gross Non-Performing Assets (GNPA) The details of Total Advances and Gross Non-Performing Assets (GNPA) including the Number of accounts and Amount Involved of Public Sector Banks (PSBs) as on September 30, 2016 are as under. (Rs. in Crore) Name of the Bank TOTAL ADVANCES GROSS NPA No. of Accounts Amount No. of NPA Accounts… Read More »

Amended definition of NPA u/s 2 of SRFAESI act is Valid : Supreme Court

By CA Satbir Singh | February 14, 2016

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Issue Section 2(1)(o) of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 defines NPA. Prior to its amendment by Act 30 of 2004, NPA is defined as ‘an account of a borrower which has been classified’ by a CREDITOR either ‘as a sub-standard asset or a doubtful asset or… Read More »