An sma status shows that you have already missed payment and depending on the number of days for which the payment is overdue, your sma status can be labelled from 0. Please refer to the master circular on prudential norms on income recognition, asset classification and provisioning pertaining to advances (iracp norms) dated october 1,. Sma 0 are accounts where the principal or interest payment are not overdue for more than 30 days.
Day 2, Morning Session of Bethesda 2025 With Pastor Eastwood Desert
Sma are those accounts that shows symptoms of bad asset quality once the account is overdue or before its being identified as npa.
