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Healthtech

Bank of Baroda settles USD 600M NMC Health dispute; Q1 profit drops 72%

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Bank of Baroda settles USD 600M NMC Health dispute; Q1 profit drops 72%

Bank of Baroda settled its USD 600 million NMC Health dispute, driven by trial-stage considerations, dragging Q1 net profit down 72% to Rs 1,278 crore. Healthtech builders relying on financial partnerships or institutional funding should monitor how legacy health-sector financial disputes reshape lending risk appetites.

Source: ET BFSI ↗

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