ALPHA TRIBE

ESAF Small Finance Bank LimitedBoard Meeting, 18-06-2025: Outcome of Board Meeting

18-06-2025 | 04:11 pm

ESAF Small Finance Bank has announced a board meeting to approve the sale of a ₹735.18 Cr pool of stressed assets to an Asset Reconstruction Company. This includes ₹362.43 Cr in NPAs and ₹372.75 Cr in technically written-off loans, with the bank holding provisions of 90.15% on these. The Asset Sale Committee has been authorized to complete the transaction formalities. This move aims to clean up the balance sheet and strengthen asset quality ahead. Further updates will follow once the deal is finalized.

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