SMA-0, SMA-1, SMA-2 and NPA: How Banks Classify Overdue Loans and What It Means for You
SMA NPA classification in India is the quiet system banks use to grade overdue loans and decide how much risk you are. Once those tags move from standard to SMA and then NPA, your bargaining power falls and the bank starts calling the shots. If your EMIs or interest debits are getting harder to service,
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