Bandhan bank to auction Rs. 6,931 crore of bad loan portfolio
Invitation for bids under Swiss Challenge method
Bandhan Bank To Auction NPA, Written-Off Loan Portfolios Totalling Rs 6,931 Crore
Board of private sector bank approved sale of Rs. 6900 crore of NPA, written-off loan portfolio. Bids for sale to be invited under Swiss Challenge method
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Bandhan Bank on Thursday said its board has approved the sale of identified non-performing assets and written-off loan portfolios worth over Rs 6,900 crore through a bidding and auction process.
In a regulatory filing, the bank said the proposal was cleared at its board meeting held during the day.
The bank will invite bids under the Swiss Challenge method for the sale of NPA portfolios with more than 180 days past due, carrying a principal outstanding of Rs 3,212.17 crore as on September 30, 2025, according to the filing.
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