Board Approves Sale of Housing Finance NPA Portfolio valued at Rs 303.74 Crore

Board Approves Sale of Housing Finance NPA Portfolio valued at Rs 303.74 Crore

Board Approves Sale of Housing Finance NPA Portfolio valued at Rs 303.74 Crore​

Bandhan Bank Limited has approved a proposal for the sale of its identified Non-Performing Assets (NPA) portfolio, comprising housing finance assets. The decision was made by the bank’s Board of Directors.

The initiative involves selling NPA pertaining to the Housing Finance Portfolio that have been past due for more than 180 days. These assets are being put up for sale through a bidding process involving Asset Reconstruction Companies (ARC).

As on May 31, 2026, the principal outstanding amount of this identified NPA portfolio stood at Rs 303.74 Crore. The Bank has opted to conduct the sale using a bidding process structured around the Swiss Challenge method.

Key details regarding the NPAs intended for sale are summarized below:

Asset CategoryStatus CriteriaPrincipal Outstanding Amount
Housing Finance PortfolioNPA with more than 180 Days Past Due (DPD)Rs 303.74 Crore

BANDHANBNK Stock Price Movement​

Bandhan Bank Limited shares rallied on Monday, settling at ₹210.88 after gaining 2.81%. The equity achieved strong momentum throughout the session and ultimately touched its 52-week high, pushing the stock to a notable level of ₹214.94.
 

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