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18 February, 2022

Non Performing Asset

 Non-performing assets is a classification used by financial institutions that refer to loans that are in jeopardy of default. Once the borrower has failed to makthe payment of credit within a certain time of period, the loan is considered to be a non-performing asset. Non-performing  assets  are  problematic  for  financial  institutions  since  thedepend on interest payments for income. It becomes a great problem to the growth of financial institutions due to provision deposited to the Bangladesh bank.