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An asset becomes non-performing if interest or principal payment is overdue for more than 90 days.
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nterprises (MSME) sector, the Reserve Bank of India (RBI) has extended the deadline for one- time debt recast for these firms that are in default but have not been classified as non-performing. <span>An asset becomes non-performing if interest or principal payment is overdue for more than 90 days. “... it has been decided to extend the benefit of one-time restructuring without an asset classification downgrade to standard accounts of GST-registered MSMEs that were in default as o


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