Branch2 Intelligence

Bank of Baroda Settles NMC Health Dispute For Rs 5,700 Crore, Shares Fall 4%

IN · 2026-07-02

• Step 11st-order: Bank of Baroda settles NMC Health insolvency dispute for Rs 5,700 crore, booking a large one-time loss.
• Step 22nd-order: The loss reduces BoB's net profit and capital adequacy, leading to a 4% share price decline as investors reassess risk.
• Step 33rd-order: Other Indian banks with NMC exposure (e.g., Yes Bank, Axis Bank) may face similar settlement demands, increasing sector-wide provisioning and credit risk.

Source: IN:NDTV Profit

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