ESAF Small Finance Bank shares soar 11% after board approves Rs 735-crore bad loan sale to ARC

June 19, 2025

ESAF Small Finance Bank shares jumped following the board’s approval to sell non-performing loans to an asset reconstruction company. The bank also partnered with Maruti Suzuki India. This collaboration aims to provide retail financing solutions for vehicles. The partnership targets first-time buyers in tier-II and tier-III cities. Technical indicators show the stock is neither overbought nor oversold.

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