OpenGuide-Division of Assets in bank is an important topic in the syllabus of banking examinations.A student aspiring to be a banker must know when to set an alarm for the assets.

Assets of banks are categorized into four types.They are

1)Standard Assets-When a borrower pays his dues regularly it is classified as a standard asset.

2)Sub-Standard Assets-When an  asset remains unpaid for an year it is called a Sub-Standard Asset.

3)Doubtful Assets-When an asset remains unpaid for more than an year is called Doubtful assets.

4)Loss Assets-When an asset remains unable for recovery it is called Loss Assets.