Archive · 30 Dec 2025
Bandhan Bank Sells NPAs to ARCIL and Phoenix ARC
Bandhan Bank recently sold some of its bad loans, called NPAs, to two companies: ARCIL and Phoenix ARC.
These bad loans were worth a lot of money, about Rs 6872.32 crore.
ARCIL bought some of these loans for Rs 569.75 crore, and Phoenix ARC bought others for Rs 331.97 crore.
The bank got approval from its board and followed the rules to make these sales.
This helps the bank to manage its bad loans better.
Bandhan Bank sold NPAs and written-off portfolios worth Rs 6872.32 crore to ARCIL and Phoenix ARC.
The sale included unsecured NPAs worth Rs 3,165.25 crore sold to ARCIL for Rs 569.75 crore.
Unsecured written-off loans worth Rs 3,707.11 crore were sold to Phoenix ARC for Rs 331.97 crore.
The transactions were conducted under the Swiss Challenge method and an auction process.
The bank retained a portion of the security receipts in both transactions.
- Who
- Bandhan Bank, ARCIL, Phoenix ARC Private Limited
- What
- Sale of non-performing assets (NPAs) and written-off portfolios
- When
- November 30, 2025
- Where
- Not specified
- Why
- To manage and reduce non-performing assets and written-off portfolios
- Bank
- Bandhan Bank
- Total NPA Sale Amount
- Rs 6872.32 crore
- ARCIL Purchase
- Rs 3,165.25 crore (unsecured NPA)
- Phoenix ARC Purchase
- Rs 3,707.11 crore (unsecured written-off loans)
- ARCIL Consideration
- Rs 569.75 crore
- Phoenix ARC Consideration
- Rs 331.97 crore
- Transaction Date
- November 30, 2025
- Transaction Method
- Swiss Challenge method and auction process