US EditionESAF Small Finance Bank Sells Rs 733 Crore Bad Loans To ARC For Rs 73 Crore
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ESAF Small Finance Bank Sells Rs 733 Crore Bad Loans To ARC For Rs 73 Crore
ESAF Small Finance Bank has announced the sale of a significant portfolio of non-performing assets and technically written-off loans, with an outstanding value of Rs 733.4 crore as of March 31, 2025 to an Asset Reconstruction Company, the lender said in an exchange filing.The transaction, finalised through the Swiss Challenge Method, fetched a consideration of Rs 73.34 crore for the bank.The move follows the bank’s earlier disclosure on June 18,…
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