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VERIFIEDET Finance·neutral
Bank of Baroda to pay $600 million to settle NMC Health insolvency claims
AI Summary
- ·Bank of Baroda will pay $600 million to settle insolvency claims related to NMC Health Plc.
- ·The settlement aims to resolve claims from NMC Health and its affiliates.
- ·The bank faced allegations including gross negligence and failure to adhere to anti-money laundering norms.