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Watch: Explained: Why Bank of Baroda paid ₹5,700 crore to settle NMC Health dispute
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.
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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
