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NMC Healthcare Founder BR Shetty Sues Bank of Baroda For $15 Billion, Alleges Loan Irregularities

By India Today

BR Shetty, founder of Abu Dhabi-based NMC Healthcare, has filed a civil suit in the Bombay High Court against Bank of Baroda and twenty-five others, seeking fifteen billion dollars, or approximately 1.44 lakh crore rupees, in damages. The petition alleges that Bank of Baroda sanctioned collateral-free loans and…

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