Category: Banking
NPA that has been non-performing for less than 12 months.
First stage of NPA classification. Lenders must provision 15% (secured) or 25% (unsecured). SARFAESI action can be initiated, and many auction properties first hit the market while in this category.
Need broader context? Read our pillar guides for in-depth coverage of SARFAESI, DRT, NCLT, EMD, title due diligence, and financing.
