NSEGeneral Updates30 Jun 2026 · 30 Jun 2026, 09:04 pm
General Updates
Bandhan Bank Limited · BANDHANBNK
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Bandhan Bank Limited has concluded the sale of its identified non-performing assets (NPAs) with a principal outstanding amount of Rs. 291.44 Crore to Assets Care and Reconstruction Enterprise Limited (ACRE) for Rs. 119.49 Crore, representing 41% of the portfolio.
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Full Announcement
Conclusion of Sale of identified NPA Portfolio of the Bank.
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Ref. No.: BBL/SEC/076/2026-27
June 30, 2026
BSE Limited National Stock Exchange of India Limited
Dept. of Corporate Services The Listing Department
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra Kurla Complex, Bandra (E),
Mumbai - 400 001 Mumbai - 400 051
BSE Scrip Code: 541153 NSE Symbol: BANDHANBNK
Dear Sir/Madam,
Sub.: Disclosure under the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (‘SEBI LODR’) – Sale of identified NPA Portfolio to ARC
This is in continuation to the letter bearing Ref. No.: BBL/SEC/061/2026-27 dated June 15, 2026,
informing about the approval of the Board of Directors of Bandhan Bank Limited (the ‘Bank’) 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, through bidding process with Asset
Reconstruction Companies (‘ARC’). Pursuant to the applicable provisions of the SEBI LODR, this
is to inform that upon conclusion of Swiss Challenge Method, the Bank has concluded the sale
of the aforesaid NPA portfolio, having principal outstanding amounting to Rs. 291.44 Crore (as
on May 31, 2026) to Assets Care and Reconstruction Enterprise Limited (‘ACRE’), for
consideration amounting to Rs. 119.49 Crore (41% of aforesaid portfolio), on outright cash basis.
You are requested to take note of the above.
This disclosure is being simultaneously uploaded at the Bank’s website, www.bandhan.bank.in.
Thank you.
Yours faithfully,
for Bandhan Bank Limited
Indranil Banerjee
Company Secretary