VERIFIEDET Finance·2 Jul 2026positive

Bank of Baroda settles NMC Health dispute for $600 million; Q1 credit grows 17%

AI Summary

·Bank of Baroda settled a dispute with NMC Health entities for USD 600 million.
·The settlement resolves claims under UAE and UK regulations, with the bank's Abu Dhabi branch facilitating the payment.
·In Q1 FY27, Bank of Baroda reported 17% credit growth and a 14% rise in total deposits.