BSE
Your Result on : Detailed News
Back
Bank of Baroda settles dispute with NMC Health PLC for US$600 million, provisioning Rs 5,680 crore
07-Oct-26   21:04 Hrs IST

Bank of Baroda announced several key financial figures and rating actions, disclosing net advances of Rs 1,395,727 crore and total deposits of Rs 1,648,487 crore as of specific dates, alongside a net profit of Rs 1,278 crore for Q1FY27. CARE Ratings reaffirmed its ratings on the bank's infrastructure bonds totaling 10,000.00, Tier II bonds amounting to 2,000.00 and 500.00, and certificate of deposits totaling 1,10,000.00, along with a CARE A1+ rating for certificates of deposit, while withdrawing ratings on certain Upper Tier II and Tier II bonds; CareEdge Ratings withdrew the rating for Tier -II Bond (ISIN: INE077A08098) due to bond redemption. The bank also settled an out-of-court dispute with NMC Health PLC for US$600 million (~Rs 5,700 crore), provisioning Rs 5,680 crore towards this settlement, and reported a provision coverage ratio of 76.66% as of March 31, 2026.

Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
Ganesh S Shanbhag – AMFI Registered Mutual Fund Distributor. Registration Number – ARN-0988 – Valid Till 01/JUL/ 2027, Date of initial registration: 02/DEC/2004
2017-18 © SMS Financial Services. All rights reserved. Designed, Developed , Maintained and Content Powered by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)