Sale29 Dec 2025, 07:47 pm
ESAF Small Finance Bank Ltd sells NPA and Technically written-off loans to Asset Reconstruction Company (ARC) for ¥183.18 Crore
AI Summary
ESAF Small Finance Bank Ltd has sold its Non-Performing Assets (NPA) and Technically written-off loans to Asset Reconstruction Companies (ARCs) for an aggregate consideration of ¥183.18 Crore. The sale was conducted following the Swiss Challenge Method, with the cut-off date set as September 30, 2025. The outstanding amount of the sold portfolio was ¥1693.65 Crore.
Key Highlights
- ESAF Small Finance Bank Ltd sells its NPA and Technically written-off loans to ARCs for ¥183.18 Crore
- The sale was conducted following the Swiss Challenge Method
- The outstanding amount of the sold portfolio was ¥1693.65 Crore
- The cut-off date for the sale was September 30, 2025
- The announcement is also available on the bank's website