Bandhan Bank’s Board of Directors has approved the sale of a significant Non-Performing Assets (NPA) portfolio, totaling Rs. 303.74 Crore as of May 31, 2026. The portfolio comprises identified NPAs with over 180 Days Past Due (DPD) specifically from the Bank’s Housing Finance segment. The sale will be conducted through a bidding process with Asset Reconstruction Companies (ARCs) utilizing a Swiss Challenge method, aimed at optimizing recovery and improving asset quality.
Board Approval for NPA Sale
The Board of Directors of Bandhan Bank Limited has officially approved the strategic sale of a specific Non-Performing Assets (NPA) portfolio. This decision was made during a board meeting held on Monday, June 15, 2026.
Portfolio Details and Valuation
The approved sale pertains to identified NPAs that have remained past due for more than 180 Days Past Due (DPD). These assets are exclusively from the Bank’s Housing Finance Portfolio. As of May 31, 2026, the principal outstanding amount for this portfolio stood at Rs. 303.74 Crore.
Sale Mechanism
Bandhan Bank will facilitate the sale of this NPA portfolio through a structured bidding process. The process will involve engaging with various Asset Reconstruction Companies (ARCs). The Bank will employ the Swiss Challenge method for the bidding process, ensuring a competitive and transparent transaction to achieve the best possible outcome for the recovery of these identified NPAs.
This disclosure is being made in compliance with applicable regulations and is also available on the Bank’s official website.
Source: BSE
