Bank of Baroda drops on legal tussle with NMC Healthcare founder

Bank of Baroda

14/10/2026 06:15

** Bank of Baroda BOB.NS sheds 2.7% at 231.90 rupees
** BR Shetty, founder of NMC Healthcare, has filed a $15 bln lawsuit against the state-run lender, bank says it will defend itself.
** No immediate liability for the bank till provisioning is required
** Avg rating of 35 analysts on stock at "buy"; median PT is 285 rupees - LSEG compiled data
** YTD, stock down ~22% vs PSU index's .NIFTYPSU 5.1% drop


 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))