Arcil acquires Ujjivan SFB’s stressed microfinance loans aggregating ₹365.5 crore for ₹34.26 crore

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Arcil acquires Ujjivan SFB’s stressed microfinance loans aggregating ₹365.5 crore for ₹34.26 crore

AIMPWA

March 10, 2025

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Asset Reconstruction Company (India) Ltd (Arcil) has acquired Ujjivan Small Finance Bank’s non-performing and written-off loans from its microfinance portfolio aggregating ₹365.5 crore for ₹34.26 crore.

This translates into a steep 94 per cent haircut for Ujjivan SFB. The bank carries an overall provision of 66.51 per cent on the above pool of microfinance loans.

The portfolio, comprising a substantial number of microfinance accounts, was acquired through a Swiss Challenge auction process, per an Arcil statement.

Pallav Mohapatra, MD & CEO, Arcil, his company is confident of leveraging its expertise in recoveries to unlock value from the acquired portfolio while supporting financial stability in the microfinance sector.

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