Sale of Stressed Unsecured Loan Pool of ₹75.16 Crore for ₹15.50 Crore Approved

The Bank's authorised Management Committee approved the sale of a stressed unsecured loan pool (NPAs and written-off loans) to an NBFC.

Wed 30 Sep 2026

Aggregate Principal Outstanding

up to ₹75.16 Crore as on 31.08.2026

Sale Consideration

₹15.50 crore

Asset Type

Stressed unsecured loan pool (NPAs and written-off loans)

Buyer Type

Non-Banking Financial Company (NBFC)

What was approved

The authorised Management Committee of the Bank approved a proposal for the sale of a pool of stressed unsecured loans to a Non-Banking Financial Company (NBFC). The pool comprises Non-Performing Assets (NPAs) and written-off loans.

The numbers

• Aggregate principal outstanding as on 31.08.2026: up to ₹75.16 Crore
• Consideration for the sale: ₹15.50 crore

What this means in simple terms

NPAs are loans where borrowers have stopped repaying; written-off loans are those already removed from the books as unrecoverable. Banks sometimes sell such pools to specialised buyers instead of continuing recovery efforts themselves. The buyer pays a discounted price and takes on the recovery risk.

Here the consideration of ₹15.50 crore is against a principal outstanding of up to ₹75.16 Crore, which is how stressed-asset sales are typically structured.

How investors may read it

Such transactions are generally viewed as a step to clean up the loan book and free up collection effort. The impact on reported financials depends on how much provisioning the Bank had already made against these accounts.

The Bank has stated this disclosure is also available on its website.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.