'How bank treats NPA interest not for borrower to interpret'

NFRA said defaulters are not free of the obligation to recognise interest liability as banks are required to maintain a record of accrued interest on bad loans and do not release the borrower from the contractual liability to pay interest.

Related Keywords

, Indian Accounting Standard , Bank , Npa , Infra , Banks , Interest Income , Bad Loans , Audit Regulator , Financial Statements ,