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From The Economic Times

Center-Right Owned by Bennett, Coleman & Co.

Bank of Baroda to defend interests after UAE businessman Shetty files $15 bln suit

Bank of Baroda to defend interests after UAE businessman Shetty files $15 bln suit

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Bank of Baroda is contending with a $15 billion lawsuit filed by B.R. Shetty following NMC Health's collapse. Shetty alleges that bank officials facilitated fraudulent transactions and ignored anti-money laundering warnings. The bank is currently pursuing recovery proceedings against Shetty for…

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