Examples of Non-Performing Assets in a sentence
Sale of Non-Performing Assets to the Successful Bidder shall be effected by execution of the necessary and appropriate Assignment Agreement(s) in favour of the Successful Bidder, only upon receipt and realization from the Successful Bidder of the entire purchase consideration.
Gross Non-Performing Assets as a percentage of Gross Advances should normally not exceed five per cent for the entire portfolio of the lending institution.
The purpose of this document is to provide information to bidders in respect of the sale of Non-Performing Assets to ARCs/Banks/NBFC/FIs.It is presumed and understood that by participating in this process, each of the participating bidders has carried out their own independent due-diligence, investigation and assessment, in respect of any or all matters, information, statements etc.
Bank of India invites Indicative bids from all eligible Asset Reconstruction Companies (ARC’s)/ NBFC, Banks, FIs for sale/assignment of its Non-Performing Assets (NPAs) subject to applicable regulations issued by Reserve Bank of India.
Supervisory findings of the Reserve Bank on divergence in classification and provisioning for Non-Performing Assets (NPAs).