Mumbai/Johannesburg — The Gupta family, whose accounts are being closed by the Bank of Baroda’s South African unit, have told the Indian lender they’ve found another company willing to offer them banking services, according to a person familiar with the matter. The Bank of Baroda, which took on the Guptas after SA’s four biggest lenders closed their accounts, have given the family’s businesses two extra months to transfer their accounts to the new bank, the person said, declining to name the institution and asking not to be identified because the details are confidential. The family’s businesses have paid back most of their loans from the Bank of Baroda, the person said. Gary Naidoo, a spokesman for the Guptas, didn’t respond to a message left on his cellphone or an e-mail. TNA Media, owned by the family, didn’t immediately respond to e-mailed questions seeking comment. The Gupta family, friends of President Jacob Zuma and in business with one of his sons, lost their banking relatio...
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