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Remarks – Non-performing property put banking companies at major economical chance. It is just a mortgage or progress for which the interest or principal payment is overdue. And there aren’t a lot of solutions to this problem. You’ll reach discover all of the areas of this problem.
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Since there is limited or no recourse for the project’s sponsors, corporation shareholders are typically liable up for the extent in their shareholdings. The project stays off-harmony-sheet to the sponsors and for the government.
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