Clarification14 Oct 2026, 08:55 am
Bank of Baroda Clarifies No Suit Served Yet
AI Summary
Bank of Baroda has responded to media reports concerning a suit allegedly filed by Dr. Bavaguthu Raghuram Shetty in the Bombay High Court on October 13, 2026. The bank stated that it has not yet been served with any such suit. Consequently, Bank of Baroda cannot comment on the specifics of the pleadings. The bank affirmed that if and when served, it will vigorously defend the suit and take all necessary actions to safeguard its interests. This clarification is provided in compliance with SEBI (LODR) Regulations, 2015.
Key Highlights
- Bank of Baroda denies being served with a suit filed by Dr. Bavaguthu Raghuram Shetty.
- The bank cannot comment on unverified court pleadings.
- Bank of Baroda will defend any suit filed and protect its interests.
- Clarification issued as per SEBI (LODR) Regulations, 2015.
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