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Bank of Baroda gets reprieve in South Africa, but still faces criminal plaint

A South African court investigating corruption charges against former President Jacob Zuma and the Gupta family on Friday absolved Bank of BarodaBSE -1.90 % (BoB) of the charges of being in possession of “proceeds of crime”. But the staterun Indian bank still faces a criminal complaint filed against it by the opposition Democratic Alliance party.

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