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account turned into npa vs account was turned into npa

Both phrases are correct, but they are used in different contexts. 'Account turned into NPA' is a more concise and direct way of expressing the action, suitable for headlines or brief descriptions. On the other hand, 'Account was turned into NPA' provides a more formal and complete sentence structure, suitable for detailed explanations or formal writing.

Last updated: March 23, 2024

account turned into npa

This phrase is correct and commonly used in headlines or brief descriptions.

This phrase is a concise way to express that an account has been classified as a Non-Performing Asset (NPA). It is suitable for informal or brief contexts.

Examples:

  • Account turned into NPA due to non-payment.
  • The bank's action led to the account turned into NPA status.

Alternatives:

  • account classified as NPA
  • account labeled as NPA

account was turned into npa

This phrase is correct and provides a more formal and complete sentence structure.

This phrase is suitable for formal writing or detailed explanations where a complete sentence structure is preferred. It emphasizes the passive voice and the action taken on the account.

Examples:

  • The account was turned into NPA by the bank.
  • After several months of non-payment, the account was turned into NPA status.

Alternatives:

  • the account became an NPA
  • the account was classified as an NPA

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