Bank of Baroda to defend any suit brought by NMC Healthcare group’s Shetty
Shetty has filed a $15-billion suit against BoB and 25 other defendants, accusing the bank of facilitating corporate fraud linked to the collapse of NMC and UAE Exchange groups
The News Flicker
Shetty has filed a $15-billion suit against BoB and 25 other defendants, accusing the bank of facilitating corporate fraud linked to the collapse of NMC and UAE Exchange groups
Bank of Baroda (BoB) on Wednesday said it will defend any suit brought in by Bavaguthu Raghuram Shetty, founder of the NMC healthcare group and UAE Exchange, and take all steps necessary to protect i…
Originally published by BusinessLine. Read the full article →
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