United Bank of India (BSE:533171) Punjab National Bank (BSE:532461) and Dena Bank (BSE:532121) have put up for sale non-performing assets with outstanding dues of over INR 26.6 billion. These lenders have floated tenders inviting bids from ARCs and other financial institutions, information available on their websites showed. According to Eshwar Karra, chief executive of Phoenix ARC Private Limited more banks are likely to follow suit and come with similar sales as lenders are using all the available tools to ensure the asset resolution momentum continues.