New Delhi, Oct. 14 -- Bank of Baroda shares declined 3% in morning trade on the BSE on Wednesday, 14 October, a day after NMC Healthcare's B.R. Shetty filed a lawsuit against the bank. Bank of Baroda share price opened at Rs.235.95 against its previous close of Rs.237.60 and dropped 3% to an intraday low of Rs.230.45.

As Mint reported, Bavaguthu Raghuram Shetty, the founder of NMC Healthcare and UAE Exchange, has approached the Bombay High Court (HC) seeking $15 billion in damages from Bank of Baroda and several of its officials, alleging that they helped facilitate transactions linked to the financial fraud that led to the collapse of his business empire.

According to the filing seen by Mint, the suit names 26 defendants, including the...