Bandhan Bank reported a sharp improvement in its September-quarter earnings, with net profit climbing to Rs 622 crore in Q2 FY27 from Rs 112 crore in the corresponding quarter last year. The bank also recorded growth in net interest income (NII), while a sequential decline in gross and net non-performing assets indicated a modest improvement in asset quality. Net interest income increased 14% year-on-year to Rs 2,961 crore, compared with Rs 2,589 crore in Q2 FY26. The bank's provisions declined significantly from the year-ago period, providing further support to its profitability. Provisions stood at Rs 718 crore during the September quarter, down from Rs 1,153 crore a year earlier. However, provisions increased from Rs 683 crore in the June quarter, indicating that the pressure from credit costs had not disappeared entirely. Bandhan Bank Asset Quality Shows Sequential Improvement Bandhan Bank reported a marginal improvement in asset quality during Q2 FY27. Gross non-pe...
One of India's most-wanted designated terrorist has been killed in Pakistan. Bashir Ahmad Peer alias Imtiyaz Alam, the top commander of Hizbul Mujahideen was killed outside a shop in Rawalpindi on Monday evening.
Peer was designated as a terrorist by the center in October last year for his role in sending terrorists and providing logistic support for infiltration in Jammu and Kashmir.
A resident of Babapora, Aloosa village in Kupwara district of Jammu and Kashmir, Peer was a hardcore terrorist commander who shifted his base to Pakistan two decades ago.
He was considered to be a close confidant of Hizbul Chief Syed Salahuddin.
According to Pakistani media reports, motorcycle-borne gunmen fired at Peer from point-blank on Monday evening. He was standing outside a shop in Rawalpindi when he was targeted.
As per reports, Peer, who was the launching commander of Hizbul in Pakistan, was playing a key role in recruiting and sending infiltrators and arms and ammunition into Kashmir.
While designating him as a terrorist under Unlawful Activities (Prevention) Act UAPA, the Centre had also put out Peer's Pakistani Computerized National Identity Card No. 82203-7942470-9.
In what appears to be a targeted attack, the killing of Peer in Rawalpindi is seen as a major setback for the Hizbul Mujahideen and may well be a message to Syed Salahuddin and other Hizbul commanders based in Pakistan.
from NDTV News- Special https://ift.tt/kjCdraS
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