A Kenyan court has placed Bank of Baroda’s property on the brink of auction, and an arrest warrant has been issued as the dispute escalates.

The auction is expected to take place within the next two weeks, adding a fresh challenge for the lender.

Reports indicate that the bank’s Indian headquarters has directed the closure of its Kenyan operations.

International disputes and regulatory actions affecting the bank

Bank of Baroda recently agreed to a $600 million settlement with the administrators of the collapsed UAE‑based NMC Health, a claim arising from the 2020 insolvency of the healthcare group.

The settlement amount exceeds twice the exposure the bank had previously reported for the NMC case.

Administrators of the NMC insolvency accused the bank of serious shortcomings in anti‑money‑laundering and know‑your‑customer procedures, allegations the bank has denied and is contesting in court.

Legal proceedings over the NMC claims have been heard in the Abu Dhabi Global Market court since March 2026 and in the England and Wales High Court, with the English case stayed pending the ADGM outcome.

Similar regulatory pressure has been reported in other jurisdictions, where South Africa’s government asked the bank to cease operations and the United Kingdom required it to wind down its retail banking business.