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Latest News for: nmc

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Why Bank of Baroda paid ₹5,700 crore to settle NMC Health dispute in Abu Dhabi: Explained

The Hindu 03 Jul 2026
In 2020 Abu Dhabi’s largest healthcare provider NMC Healthcare founded by India-born entrepreneur B.R. Shetty collapsed after undisclosed debt running into billions of dollars was reportedly uncovered ....
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Private colleges can collect MBBS fees only for 4.5 years, NMC tells Kerala HC

The Times of India 02 Jul 2026
National Medical Commission (NMC) has filed a statement before high court in a petition ... It submitted that the authority to prescribe the duration of a medical course is vested exclusively in the NMC.
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BoB to pay $600 m in out-of-court settlement with UAE-based NMC Health

Business Line 02 Jul 2026
This is to avoid prolonged litigation, uncertainty and associated costs ....
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Bank of Baroda to pay $600 million to settle NMC Health insolvency claims

The Economic Times 02 Jul 2026
... has agreed to a $600 million settlement with administrators of the insolvent NMC Health Plc.
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Bank of Baroda Pays $600 Million to Settle NMC Health Case as $5 Billion Claims Against Founder Continue

Gulf News 02 Jul 2026
... Exchange, Bank of Baroda said it had entered into an out-of-court settlement with the joint administrators of NMC Health PLC, NMC Healthcare Ltd and NMC Holding Ltd.
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Bank of Baroda enters 5.7k crore settlement with creditors of NMC Health

The Times of India 02 Jul 2026
Bank of Baroda has agreed to pay $600 million (about Rs 5,700 crore) to the administrators of the collapsed West Asian healthcare group NMC Health in an out-of-court settlement that brings to a close ...
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Bank of Baroda shares down 4% after $600mn settlement with NMC Health creditors

The Times of India 02 Jul 2026
The fallout triggered one of the most complex insolvency cases spanning multiple jurisdictions, with administrators seeking recoveries for creditors from a range of parties.Among those drawn into the legal battle were NMC founder Dr B.R.
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