Which of the following statements regarding the classification of Non-Performing Assets (NPAs) in Urban Co-operative Banks (UCBs) as per the Master Circular is/are correct?
1. An account will be classified as NPA if the interest or installment remains overdue for more than 90 days in a term loan.
2. Loans for short-duration crops will be classified as NPA if dues remain overdue for three crop seasons.
3. A credit card account will be treated as NPA if the minimum amount due is not paid within 90 days from the due date.
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
All of the above
5
None of the above