Bandhan Bank Limited (BANDHANBNK) — Board Meeting Announcement
📢 Key Event
Board approved sale of NPA portfolio via Swiss Challenge bidding.
🔄 What Changed
Disposal of ₹303.74 crores NPA portfolio.
💡 Investor Takeaway
This sale reduces risk exposure from non-performing housing loans.
Bandhan Bank approved the sale of identified non-performing assets exceeding 180 days past due from its housing finance portfolio, with a principal outstanding of **₹303.74 crores** as of May 31, 2026, via a Swiss Challenge bidding process with asset reconstruction companies, effective June 15, 2026.
📄 View Original Announcement (PDF)
About Bandhan Bank Limited (BANDHANBNK)
Financial Services · Banks · Listed on NSE
Market Cap: ₹31,327.09 Cr
P/E: 25.6
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.