The following two term loan accounts were sanctioned by SBI Main Branch, New Delhi on 1st December,
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The following two term loan accounts were sanctioned by SBI Main Branch, New Delhi on 1st December, 2015. The details are given below:
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(i) (ii) (iii) Amount of Loan Period Basis of Installments Rate of Interest Particulars Loan A/c Ram & Co. 7,20,000 6 years Quarterly 12.5% Loan A/c Rahim & Co. 12,00,000 6 years Half yearly 12.5% (iv) (v) Amount of Installments 30,000 + Interest 1,00,000+ Interest You are required to find out the date on which these accounts will become NPA assuming that there is no recovery.
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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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