
Bandhan Bank has sold stressed loan portfolios totaling over Rs 6,800 crore to asset reconstruction companies ARCIL and Phoenix ARC. The sale includes an unsecured non-performing asset portfolio of Rs 3,165.25 crore to ARCIL and a written-off loan portfolio of Rs 3,707.11 crore to Phoenix ARC. These transactions aim to reduce the bank's non-performing assets and allow it to concentrate on its core lending business.