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Question ID : 38056

BANK AUDIT

For classification of KCC loan account as NPA do we have to take 90 Days criteia in addition to two crop season for short duration crop.Or the account will be NPA after two crop season

Posted by VIPIN GUPTA on Mar 27, 2019

Filed Under MISC.

Answer ID : 76421

90 days criteria is not applicable to KCC loan. Only criteria for two crop season for short duration crop and one season for long duration crop is applicable.

Posted by CA. chunauti dholakia on Mar 27, 2019
Answer ID : 76423

only the crop season should be considered for classification of KCC loan as NPA.

Posted by CA. JHA SHANKAR KUMAR on Mar 27, 2019