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non banking financial comany

Accountancy

sir, amount overdue for more than 90 days or 6 months is considered as non performing asset for december 2021 exam........in one of the illustration of icai study material it is given that when an asset becomes overdue for more that 6 months it become overdue for systematically impotant non deposit taking companies....why is it so?

Liginshiya J

CA Inter

★ 2K+

05-Nov-21 18:29

422

Answers (3)

Can you please tell the question number

Christeena Ambel

CA Inter

★ 5K+

05-Nov-21 21:37

For non deposit, non systematically important nbfc... 6 months it is considered as standard For deposit taking or Non deposit - systematically important nbfc It is 90 days

Christeena Ambel

CA Inter

★ 5K+

05-Nov-21 21:43

Christeena Ambel

For non deposit, non systematically important nbfc... 6 months it is considered as standard For deposit taking or Non deposit - systematically important nbfc It is 90 days

In videos sir has clearly explained

Miradevi S

CA Final

★ 16K+

06-Nov-21 10:32