AUCA
| Definition | : | Advance Under Collection Account |
| Category | : | Business » Banking |
| Country/Region | : | India |
| Popularity | : |
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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
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AUCA | American University of Central Asia | |
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AUCA | Adventist University of Central Africa | |
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AUCA | Alberta Utilities Commission Act | |
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AUCA | Alabama Utility Contractors Association |
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