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NPA and Write-Off Policy Overview by Sabhapathy is a document available to read on EtoBox.
What is NPA and Write-Off Policy Overview about?
The document outlines the NPA and write-off policy for Richcredit Finance Private Limited, detailing the classification of non-performing assets (NPAs) into Special Mention Accounts (SMAs) and other categories based on overdue periods. It specifies the criteria for identifying NPAs, asset classification norms, and provisioning requirements as per RBI guidelines. Additionally, it describes the process for writing off NPAs and the conditions for upgrading accounts back to standard status.
- Author
- Sabhapathy
- Language
- EN