Bandhan Bank Limited has informed the Exchange about conclusion of sale of identified unsecured NPA and Written-off Portfolios of the Bank.

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Price reactionminutes from the announcement price · days from the prior close

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₹145.85

prior close

₹146.15

announcement price

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.2%+0.0% vs market

Private Sector Bank peers, median of 19sector+0.8%-1.0% vs sector

On the reaction day the stock moved in line with Nifty Smallcap 250 and 1.0 pts less than its Private Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Smallcap 250Sector · Private Sector Bank peers, median of 19Pending

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AI summary

Bandhan Bank has completed the sale of two stressed loan portfolios to Asset Reconstruction Companies (ARCs). The first is an unsecured NPA portfolio (loans over 180 days past due) with a principal outstanding of Rs. 3,165.25 crore, sold to ARCIL for Rs. 569.75 crore via the Swiss Challenge Method. The second is a written-off loan portfolio with a principal of Rs. 3,707.11 crore, sold to Phoenix ARC for Rs. 331.97 crore through auction. Total recoveries amount to Rs. 901.72 crore against combined principal of about Rs. 6,872 crore, implying a recovery rate of roughly 13%. Notably, the bank has subscribed to a significant portion of the Security Receipts itself (46.75% in the first deal and 62.16% in the second), meaning it retains meaningful exposure to future recoveries from these portfolios.

Likely market impact

This is a balance sheet cleansing exercise that should improve reported asset quality ratios and free up management bandwidth from chasing bad loans. However, the bank's continued SR subscription means it still carries recovery risk on these assets, so the full benefit will depend on actual recoveries over time. Overall, a positive step for long-term book health though not a one-time windfall gain.