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Spandana Sphoorty Financial gets nod transfer stressed loan portfolio to ARC
Dec-26-2025

Spandana Sphoorty Financial has received approval from the Management Committee of the Board of Directors to transfer of stressed loan portfolio including written off loans to Asset Reconstruction Company (ARC). The Company has received a binding bid from an ARC, amounting to Rs 34.55 crore, on a Security Receipt consideration basis, against the stressed loan portfolio with an outstanding balance of Rs 493.55 crore as on October 31, 2025.

The Company shall follow Swiss Challenge Method for bidding and decision of sale shall be taken as per extant guidelines governing Swiss Challenge Method and the relevant policy of the Company.  The Management Committee of the Board of Directors of the Company at its meeting held on December 24, 2025, has approved the same. 

Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India. It offers income generation loans under the joint liability group model, predominantly to women from low-income households in Rural Areas.

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