The Delhi High Court has held that the action of a bank, declaring an account as Non-Performing Asset (NPA) on the 90th day of irregularities, cannot be said to be ‘premature’.
RBI’s prudential norms on Income Recognition, Asset Classification and Pr…
Banking Regulation Act | Declaring Account As NPA On 90th Day Of Irregularities Compliant With RBI Norms: Delhi High Court
