Bank of Baroda has invited bids for a ₹2,776 crore stressed loan portfolio comprising 41 accounts, with nine declared fraud cases included. The lender is selling the assets on a cash basis under “as is where is, without recourse,” transferring all credit, operational and legal risks to the buyer. The portfolio spans sectors like power, infrastructure, real estate, textiles, automobiles and media. Book dues are as of March 31, 2026, and BOB says asset transfer won’t affect ongoing CBI or police investigations. Bids will be processed via Swiss Challenge.
OnEMI Technology Solutions’ lending arm Kissht is preparing an IPO to raise ₹850 crore, driven by rising AUM and customer growth. But the pitch has a catch: elevated NPAs and dependence on unsecured personal loans add credit risk. Analysts suggest long-term investors may prefer clarity on post-listing financial stability before betting.
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A Confederation of Indian Industry report says India’s banking system is losing speed as loan recoveries stall and legal processes grow complex. It calls for tighter timelines, stronger institutions and streamlined rules, including simplifying laws under a unified code. The goal: improve efficiency, restore financial discipline and raise investor confidence by making recovery faster and more predictable.
HDFC Bank delivered a strong FY26 with net profit up 10.9% to Rs 74,700 crore, backed by 12.1% loan growth, steady deposits, and best-in-class asset quality. Even after recent governance-related headlines and leadership changes, CreditSights expects no meaningful impact on the bank’s credit profile or stability. Gross NPAs eased to 1.15% and CET1 stayed robust at 17.3%.
Private asset reconstruction companies are steadily losing market share, with their total AUM projected to dip 4%–6% to about INR 1.05 lakh crore this fiscal after a 15% fall last year. Meanwhile, government-backed NARCL is emerging as the preferred buyer and resolver of stressed assets, reshaping who gets the most bad-loan business.
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