Bandhan Bank approves sale of identified NPAs to ARC

The Board of Directors of Bandhan Bank Limited ('the Bank'), on Monday, June 15, 2026, has approved the proposal for sale of identified Non-Performing Assets ('NPA') with more than 180 Days Past Due ('DPD'), pertaining to the Housing Finance Portfolio of the Bank, having principal outstanding amounting to Rs. 303.74 Crore, as on May 31, 2026, through a bidding process with Asset Reconstruction Companies ('ARC'). The Bank shall go for bidding as per Swiss Challenge method for sale of the aforesaid NPA Portfolio.

Shares of Bandhan Bank Limited was last trading in BSE at Rs. 210.90 as compared to the previous close of Rs. 204.50. The total number of shares traded during the day was 649522 in over 6091 trades.

The stock hit an intraday high of Rs. 214.80 and intraday low of 208.55. The net turnover during the day was Rs. 137428170.00.

Source : Equity Bulls

Keywords

BandhanBank INE545U01014 Sale IdentifiedNPAs ARC HousingFinancePortfolio