RBL Bank sold small business loans worth ₹360 crore for ₹20 crore in an all-cash deal at an auction to the ARC, equating to less than 1% recovery. Separately, Bandhan Bank sold a ₹719-crore home loan portfolio for ₹289.6 crore at a Swiss auction, equating to a 40% recovery for the bank. Both transactions closed in the last week of December.
from Banking/Finance-Industry-Economic Times https://ift.tt/fjGyWp3
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