Overview
- The bank will run a Swiss Challenge for NPAs over 180 days past due totaling Rs 3,212.17 crore as of Sept. 30, 2025, inviting bids from asset reconstruction companies.
- A separate auction will offer written-off loans with principal outstanding of Rs 3,719.14 crore as of the same date.
- The assets identified for disposal come from the Emerging Entrepreneurs Business and the Aspiring Business Group, spanning group, small business and agriculture loans.
- As of September, gross NPAs were Rs 7,015 crore with gross and net NPA ratios at 5% and 1.4%, while provision coverage including technical write-offs was about 87.6%.
- Investors marked the stock down about 1% after disclosures that Q2 EEB slippages were Rs 1,118 crore and technical write-offs in that book were Rs 799 crore.