Bandhan Bank Limited has completed the sale of an identified Non-Performing Assets (NPA) portfolio to Assets Care and Reconstruction Enterprise Limited (ACRE) for a consideration of Rs 119.49 Cr. The portfolio, comprising accounts with more than 180 Days Past Due (DPD) from the Housing Finance Portfolio, had a principal outstanding amount of Rs 291.44 Cr as on May 31, 2026. The transaction was conducted on an outright cash basis, with the sale price representing 41% of the portfolio's value.

The sale was executed following the conclusion of the Swiss Challenge Method, a bidding process involving Asset Reconstruction Companies (ARCs). The Board of Directors of bandhan bank had previously approved the sale of these identified NPAs on June 15, 2026.

Transaction Details

The following table outlines the key financial metrics of the transaction:

Regulatory Disclosures

The disclosure was made in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR). The bank has simultaneously uploaded the information to its official website. The filing was signed by Indranil Banerjee, Company Secretary, on June 30, 2026.

Bandhan Bank Limited has accepted the resignation of Rajeev Mantri as its Co Chief Financial Officer (Co-CFO) and Key Managerial Personnel (KMP). Mantri tendered his resignation on June 29, 2026, citing the pursuit of another opportunity for career growth. His last working day with the bank is scheduled for September 25, 2026, following a notice period of 90 days. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the information was simultaneously uploaded on the bank's official website.

In his resignation letter, Mantri expressed gratitude to the Managing Director & CEO, Board members, Executive Directors, and his team for their guidance and support during his tenure. He noted that he enjoyed contributing to the strategic transformation of the bank. Mantri served as Executive President and Co-CFO at Bandhan Bank, and the bank has confirmed that his resignation is effective from the date of his last working day.

Key Details of Resignation

The following table summarises the key details related to Mantri's departure from the bank.

The bank's Board and management have acknowledged the resignation. The transition follows Bandhan Bank's internal policies regarding the departure of key managerial personnel.