What is NPA?

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A nonperforming asset (NPA) refers to a classification for loans on the books of financial
institutions that are in default or are in arrears on scheduled payments of principal or
interest. In most cases, debt is classified as nonperforming when loan payments have not
been made for a period of 90 days.
Around 7.7 Lakh cr of NPA in India in the year 2017.