Bank of Baroda Shares Fall 3% After NMC Founder Seeks $15 Billion in Damages
Bank of Baroda shares fell as much as 3% after NMC Healthcare founder Bavaguthu Raghuram Shetty filed a lawsuit in the Bombay High Court seeking $15 billion in damages. Shetty accuses bank officials of facilitating the alleged diversion of funds from companies in his group.
Shetty accuses bank officials of facilitating the alleged diversion of funds from companies in his groupBank of Baroda shares fell as much as 3 per cent on Wednesday after NMC Healthcare founder Bavaguthu Raghuram Shetty filed a lawsuit in the Bombay High Court seeking USD 15 billion in damages fro…