AUCA

Definition : Advance Under Collection Account
Category : Business » Banking
Country/Region : India 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.

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We have found 4 more results for AUCA
Kyrgyzstan AUCA American University of Central Asia
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Rwanda AUCA Adventist University of Central Africa
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Canada AUCA Alberta Utilities Commission Act
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United States AUCA Alabama Utility Contractors Association
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