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Public Sector Bank
Clarification29 Oct 2026, 08:40 pm

Bank of Baroda Clarifies No Suit Served by Dr. BR Shetty

AI Summary

Bank of Baroda has responded to media inquiries regarding interim applications filed by Dr. BR Shetty in the Bombay High Court. The bank stated that it has not been served with any suit or interim applications from Dr. Shetty, reiterating its earlier clarification from October 14, 2026. Bank of Baroda maintains that it cannot comment on pleadings or applications it has not received and that have not been heard by the court. The bank noted that the suit and applications appear to be yet to be scrutinized or registered by the High Court. Bank of Baroda suspects a selective dissemination of information to the media, timed with the bank's quarterly results announcement, with an improper intention and will take appropriate steps.

Key Highlights

  • Bank of Baroda denies being served with any suit or interim applications by Dr. BR Shetty.
  • The bank cannot comment on untested allegations or court proceedings it has not been served with.
  • Suit and applications appear to be pending registration with the Bombay High Court.
  • Bank of Baroda will take action regarding selective dissemination of information.