The briefing
Bank of Baroda’s stock dropped about 3.5% after NMC founder B.R. Shetty sued the bank for $15 billion, alleging fund siphoning and fraud linked to NMC’s collapse. The lawsuit raised investor concerns over potential legal and financial exposure.
Original headline
BoB stock tanks 3.5% as NMC founder Shetty sues bank for $15 bn