Category: Banking
Loan account where principal or interest payment is overdue for 90 days or more.
NPA classification triggers regulatory provisioning and gives the lender authority to invoke recovery actions including SARFAESI. Most bank auction property comes from NPA accounts.
Need broader context? Read our pillar guides for in-depth coverage of SARFAESI, DRT, NCLT, EMD, title due diligence, and financing.
