Loans generally fall into two different categories: unsecured debt and secured debt. What is the difference between the two? And, what are the implications for the borrowers and lenders when it comes to non-payment? Know the difference between secured vs unsecured debts. Unsecured debt Unsecured debts are different from secured debts. Lenders grant unsecured debt […]
Archive for November, 2020
Why banks should let go of non-performing assets
5 years ago
Non-performing assets (NPAs) are debt instruments on which borrowers have failed to make the agreed payments for an extended period. As a result of ongoing defaults, NPAs do not yield any income for the lender. Effects of non-performing assets NPAs do not yield any income. So, carrying them on your balance sheets creates three burdens […]