Bank of Baroda's $600 million settlement of the NMC Health litigation wiped out most of its Q1 profit, which fell 72% to ₹1,207 crore. The bank held its FY27 credit growth guidance steady despite 17.4% loan growth and rising FCNR inflows.
Bank of Baroda says recent NMC settlement based on commercial considerations, anticipation of legal overhang
livemint.com - 24 Jul 2026 22:43
Bank of Baroda's $600 million settlement of the NMC Health litigation wiped out most of its Q1 profit, which fell 72% to ₹1,207 crore. The bank held its FY27 credit growth guidance steady despite 17.4% loan growth and rising FCNR inflows.
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