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BoB stock tanks 3.5% as NMC founder Shetty sues bank for $15 bn

Mr. Shetty has accused the Bank and 25 others of acting as an instrument in the siphoning of funds that led to the collapse of his business empire. Bank said it will defend the suit firmly and take all steps necessary to protect its interests.

The Hindu BusinessOctober 14, 20261 min read

BoB stock tanks 3.5% as NMC founder Shetty sues bank for $15 bn

Mr. Shetty has accused the Bank and 25 others of acting as an instrument in the siphoning of funds that led to the collapse of his business empire. Bank said it will defend the suit firmly and take all steps necessary to protect its interests.

📡 Verified Wire Agency Verified Resource & Provenance

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The Hindu Business

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