Bank of Baroda, the second largest Public Sector Bank on Thursday (July 2, 2026) informed stock exchanges that it had paid $600 million (about ₹5,700 crore) to settle litigation initiated by the administrators of NMC Health Plc, NMC Healthcare Ltd and NMC Holding Ltd. This ends one of the largest cross-border banking disputes involving an Indian lender.
Bank of Baroda, the second largest Public Sector Bank on Thursday (July 2, 2026) informed stock exchanges that it had paid $600 million (about ₹5,700 crore) to settle litigation initiated by the administrators of NMC Health Plc, NMC Healthcare Ltd and NMC Holding Ltd. This ends one of the largest cross-border banking disputes involving an Indian lender.
<iframe src="https://hindustansphere.com/embed/cluster/38901a1a07dd053bce9d65fccbec04bda18ef555" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Watch: Explained: Why Bank of Baroda paid ₹5,700 crore to settle NMC Health dispute"></iframe>
