The Bank of Baroda, based in Mumbai, is inviting bids for a portfolio of stressed loans totaling ₹2,776 crore. This portfolio consists of 41 accounts, including nine accounts that have been declared as fraud, such as Ushdev International and Nirmal Lifestyle. The largest exposure is to Shirpur Power at ₹526.68 crore. The bank aims to clean its books by selling these loans, which span various sectors including power, infrastructure, and real estate. The sale will be conducted on a cash basis, meaning all associated risks will be transferred to the buyer upon completion. Bidders who have any connections to the promoters or guarantors of the stressed accounts will be disqualified from the bidding process. The Bank of Baroda will use the Swiss Challenge method to finalize the winning bid, where the highest initial offer sets the base price for competing bidders.