Announced Tue, 30 Jun · 21:04 IST
Bandhan Bank concludes sale of NPA portfolio worth Rs 291 crore to ACRE
BANDHANBNK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹204.59
prior close
₹204.20
base price
After-mkt
timing
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AI summary
Bandhan Bank has concluded the sale of its identified NPA portfolio from the Housing Finance segment (loans over 180 days past due) to Assets Care and Reconstruction Enterprise (ACRE) via Swiss Challenge Method. The portfolio had principal outstanding of Rs 291.44 crore as on May 31, 2026. It was sold for Rs 119.49 crore, about 41 percent of the portfolio value, on an outright cash basis.
Likely market impact
Cash recovery of Rs 119 crore on Rs 291 crore of NPAs; cleans up housing finance book but at a steep discount.