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Bandhan Bank sells ₹7k crore unsecured retail loans to ARCs

Bandhan Bank has decided to sell off unsecured retail loans, including non-performing assets and written-off accounts. The bank sells it at Rs 7,000 crore to asset reconstruction companies and other eligible buyers. It announced in a stock exchange filing on Thursday. It is one of the largest retail-loan sales by a private-sector lender in recent […]The post Bandhan Bank sells ₹7k crore unsecured retail loans to ARCs appeared first on Newsblare.

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