NMC Health Founder BR Shetty Sues Bank of Baroda for USD 15 Billion; Lender Issues Clarification
Bank of Baroda clarified it has not been served with any lawsuit following reports that NMC Health founder BR Shetty filed a USD 15 billion suit alleging fund diversion. The bank stated it will defend itself firmly if served. This follows a prior USD 600 million settlement by the lender to resolve disputes over NMC’s 2020 collapse.
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