BoB looks to sell Rs 2,700 crore of NPAs; taps ARCs, NBFCs

May 15, 2026

Bank of Baroda is selling a ₹2,776 crore portfolio of 41 stressed loans, including nine declared fraud accounts like Ushdev International and Nirmal Lifestyle. The sale, conducted on a cash basis with assets transferred “as is where is, without recourse,” aims to clean the bank’s books.

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