AUCA
Your browser doesn't support HTML5 audio
| Definition | : | Advance Under Collection Account |
| Category | : | Business » Banking |
| Country/ Region |
: | India |
| Popularity | : |
|
What does AUCA mean?
Advance Under Collection Account (AUCA) is an account to hold the portion of a Non-Performing Asset (NPA) accounts. AUCA is an NPA reduction strategy that allows the bank to take the bad debt off their balance sheet, but will have the option of recovering the amount from its promoter. By writing-off bad and doubtful assets, bank can improve its NPA ratio.
4 more results for AUCA
|
American University of Central Asia
Universities & Institutions
|
|
|
Adventist University of Central Africa
Universities & Institutions
|
|
|
Alberta Utilities Commission Act
Law & Legal
|
|
|
Alabama Utility Contractors Association
Regional Organizations
|
|
Frequently Asked Questions
What is the full form of AUCA in Banking (India)?
The full form of AUCA is Advance Under Collection Account
What is the full form of AUCA in Business?
Advance Under Collection Account
What is the full form of AUCA in India?
Translation
Translate Advance Under Collection Account into other languages