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Who is BR Shetty? Why did UAE businessman seek $15 billion from Bank of Baroda? What is driving the news? Explained

Bank of Baroda said it had not been served with a lawsuit filed by B. R. Shetty in the Bombay High Court and could not comment on its claims. The bank said it would defend itself. Shetty is seeking $15 billion in damages over alleged links to transactions tied to his business empires collapse.