Sale15 Jun 2026, 06:40 pm
Bandhan Bank to Sell ₹303.74 Cr NPA Portfolio
AI Summary
Bandhan Bank's Board of Directors has approved the sale of an identified Non-Performing Assets (NPA) portfolio amounting to Rs. 303.74 Crore (principal outstanding as of May 31, 2026). The portfolio consists of housing finance loans with over 180 Days Past Due (DPD). The sale will be conducted through a bidding process with Asset Reconstruction Companies (ARCs) using the Swiss Challenge method. This move aims to clean up the bank's balance sheet and improve asset quality.
Key Highlights
- Bandhan Bank to sell identified NPA portfolio of Rs. 303.74 Cr.
- NPA portfolio pertains to Housing Finance with >180 DPD.
- Sale to be conducted via bidding process with ARCs.
- Swiss Challenge method will be employed for the sale.
Price Impact
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