India's Bandhan Bank to sell bad loans, write-offs via bid process

Bandhan Bank

27/11/2025 14:59

Nov 27 (Reuters) - India's Bandhan Bank BANH.NS said on Thursday it will sell off its non-performing assets and written-off portfolios through a bidding process with asset reconstruction companies.

As of end-September, the lender's NPA portfolio had an outstanding principal worth 32.12 billion rupees ($359.4 million) and a written-off loan portfolio worth 37.19 billion rupees.

($1 = 89.3700 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))