Finance to NPA Accounts, Restructure trade financing.

Finance to NPA Accounts.

NPA Solutions: If you have any NPA account of youself, your clients or others, than we Monei Matters has a solution for you to get more money to settle your existing NPA accounts with existing bankers with additional loan to you to re-start your business. In India, there are many loan consultants , debt syndicators who can arrange money when your bank position is well but no one can help you on getting a stamp of NPA on your business. Even your existing bankers may also refuse your requests for restructing or your demand for additional funds on getting financial stress in your company.

But now Monei Matters has a unique idea to resolve your problem for NPA accounts. 

For quicker responce, please send a email to us on info@moneimatters.com or SMS - "NPA" at 9711993227 / 9911113227.

Monei Matters yours business Partner since 2006.

NPA ( Non Performing Assets)

NPA (Non- Performing Assets)

An asset, including a leased asset, becomes non-performing when it ceases to generate income for the bank. A "non performing asset"(NPA) is a loan or an advance where:

1. The interest / or instalment of principal remain overdue for a period of more than 90 days in respect of a term loan.
2. The account remains "out of order" for a period of more then 90 days as indicated below, in respect of an overdraft / cash credit.
3. The bill remains overdue for a period of more than 90 days in the case of bills purchased and discounted.
4. The installments of principal or interest thereon remains overdue for two crop seasons for short duration crops.
5. The installments of principal or interest thereon remains overdue for one crop seasons for long duration crops.
6. The amount of liquidity facility remains outstanding for more than 90 days, in respect of a securitisation transaction undertaken in terms of guidelines on securitisation dated Feb 1, 2006.
7. In respect of derivative transactions, the overdue receivables representing positive mark-to-market value of a derivative contract, if these remains unpaid for a period of 90 days from the specified due date for payments.

In case of interest payments, banks should, classify an account as NPA only if the interest due and charged during any quarter is not serviced fully within 90 days from the end of the quarter. 


 For more informations on this subject or if you wish to get concrete solutions against NPA problems, please visit www.moneimatters.com or email us at info@info@moneimatters.com .