Why is Bank of Baroda paying $600 million to settle a case?

Saturday, July 4, 2026 - 09:31
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Why is Bank of Baroda paying $600 million to settle a case?
While the bank has asserted that the settlement was reached without any admission of liability, it has revived allegations by NMC founder B.R. Shetty, who has long accused senior Bank of Baroda officials of colluding with former NMC executives in a fraud that caused the healthcare group’s collapse.

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