Fedbank Financial Services Ltd has sold deep delinquent pool of GNPA of Rs. 79.45 crores

Today (i.e. September 26, 2025) Fedbank Financial Services Limited has sold a deep delinquent pool of Gross Non-Performing Asset ('GNPA') of Rs. 79,45,04,203/- (including technically written off principal outstanding value of Rs. 41,08,89,878/-) to India SME Asset Reconstruction Company Limited (ISARC) for an upfront cash payment of Rs. 32,57,47,000/- (representing ~41% of the principal outstanding value) as per details below:

1. Small-ticket LAP having principal outstanding value of Rs. 55,60,08,191/- (including technically written off principal outstanding value of Rs. 26,86,25,595/-).

2. Affordable Home Loans having principal outstanding value of Rs. 23,84,96,012/- (including technically written off principal outstanding value of Rs. 14,22,64,283/-).

The Net carrying outstanding principal value (after ECL provisions) of the afore-said sold pool as on August 31, 2025 stood at Rs. 22,20,38,841/-. The net carrying value of the interest (after ECL provisions) on the afore-said sold pool as on August 31, 2025 stood at Rs. 5,13,72,055/- which will be written off in the quarter ending September 30, 2025.

Shares of Fedbank Financial Services Limited was last trading in BSE at Rs. 148.50 as compared to the previous close of Rs. 149.45. The total number of shares traded during the day was 171703 in over 2359 trades.

The stock hit an intraday high of Rs. 150.85 and intraday low of 145.65. The net turnover during the day was Rs. 25368802.00.

Source : Equity Bulls

Keywords

FedbankFinancialServices NBFC INE007N01010 FEDFINA Sale GNPA DelinquentPool