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BoB to pay $600 m in out-of-court settlement with UAE-based NMC Health
Bank of Baroda (BoB) has entered into a huge out-of-court settlement with the joint administrators of the collapsed UAE-based NMC Group, paying $600 million (approximately ₹5,700 crore) in a bid to avoid prolonged litigation, uncertainty and associated costs
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economictimes.indiatimes.com
Bank of Baroda settles NMC Health dispute for $600 million; Q1 credit grows 17%
Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, resolving claims under UAE and UK regulations. The bank's Abu Dhabi branch…
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thehindubusinessline.com
BoB settles case with NMC Health for $600 million
All claims, causes of action, etc. between them have been resolved without admission of liability or wrongdoing
