Ujjivan Small Finance Bank Ltd sells Rs. 364.51 crores stressed loan portfolio to ARC

The authorized Board Committee of UJJIVAN SMALL FINANCE BANK LIMITED has approved a proposal for sale of NPA and written-off loans to an Asset Reconstruction Company ("ARC").

Today i.e., February 28, 2025, the Bank has completed the sale of stressed loan portfolio including written off loans pool with outstanding value of Rs. 364.51 crores as on January 31, 2025, to ARC for a consideration amounting to Rs. 34.26 crores.

Shares of Ujjivan Small Finance Bank Limited was last trading in BSE at Rs. 32.14 as compared to the previous close of Rs. 32.62. The total number of shares traded during the day was 1407897 in over 6180 trades.

The stock hit an intraday high of Rs. 32.86 and intraday low of 31.45. The net turnover during the day was Rs. 45215624.00.

Source : Equity Bulls

Keywords

UjjivanSmallFinanceBank INE551W01018 NPA WrittenOffLoans Sale ARC