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    What are the NPA's new regulations?

    Kamendra kumar 4th Mar, 2023
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    Kamendra kumar 4th Mar, 2023

    According to paragraph 10 of the Circular, loan accounts that are currently classified as NPAs may only be upgraded to "standard" assets if all outstanding principal and interest payments have been made by the borrower. NBFCs have until September 30, 2022, to set up the systems required to carry out this provision.

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