India's ESAF Small Finance jumps on nod to sell $85 mln worth bad loans, NPAs

ESAF Small Finance Bank

19/06/2025 04:51

** Shares of India's ESAF Small Finance Bank EASF.NS jump 10% to ~34 rupees

** Lender's board approved sale of non performing assets and written off loans worth 7.35 bln rupees ($85 mln) to asset reconstruction co

** Day's surge trims YTD stock decline to 20%

($1 = 86.5040 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))