Dispute Over $920\,000 Pact Puts Large Indian State Bank at Risk

Dispute Over $920,000 Pact Puts Large Indian State Bank at Risk
Pedestrians walk past a Bank of Baroda (BOB) branch in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Dispute Over $920,000 Pact Puts Large Indian State Bank at Risk

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(Bloomberg) -- A dispute between two big state-run companies over a 69.7 million rupee ($920,000) guarantee has put one of India’s largest lenders under regulatory scrutiny and reignited questions ...