The Bank of Baroda defended its decision in the Pretoria High Court to cut all business ties with the controversial Gupta family and leave South Africa. The court heard joint arguments from 19 Gupta owned companies to prevent the Indian bank from leaving the country, after Baroda's announcement last month that it plans to shut down all its local operations. This despite a court order last year that forced the bank to keep its business in the country to prevent job losses.
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