BusinessJuly 18, 2026
slippage
/ˈslɪpɪdʒ/
Definition
The movement of performing loans into the non-performing asset (NPA) category, representing new bad debt generated during a specific period.
Etymology
Derived from the English verb 'slip,' referring to the act of sliding or falling, combined with the suffix '-age' which denotes a process or result. It reflects the concept of assets 'slipping' from a healthy status into a delinquent one.
In the news
In this article, the term tracks the volume of loans that have newly defaulted, helping investors assess the bank's current asset quality and credit risk management.
Axis Bank Q1 PAT rises 23% YoY to Rs 7,114 crore
Read the full article ↗Business Standard