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Bandhan Bank Q2 Results: Net Profit Jumps Multifold; NII Up By 14%

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...

"Britain, Canada Should Take...": UK Faith Adviser On Khalistani Issue

Expressing his concerns over the recent rise in the incidents of Khalistan extremism, Colin Bloom, former adviser to the UK government said that the situation has escalated because the 'Western governments' have "not done enough" to tackle the sinister and aggressive behaviour of extremists.

Mr Bloom stressed that both the British and Canadian governments should take more proactive measures to address this issue. He warned that the situation could spiral "out of control" if the issue is not addressed.

Mr Bloom is the author of 'The Bloom Review, Does Government do God?'. He was also appointed by former UK Prime Minister Boris Johnson as an Independent Faith Engagement advisor in order to make suggestions on how the government should interact with religious organisations in England.

In an exclusive interview with news agency ANI, Colin Bloom said, "What I think we're seeing at the moment is a rise of pro-Khalistan extremism...Now, look, just for the record, I am 100 per cent in favour of free speech and people being free to think and believe and support pretty much anything that they want, so long as they don't harm and intimidate and harass other people."

"But what we saw with the Indian High Commissioner was very much an overreach of free speech...This was, in fact, limiting the free speech of the people who run the Gurdwara in Glasgow and of the High Commissioner himself," he added.

Earlier in the day, a planned interaction of the Indian High Commissioner to Britain, Vikram Doraiswami at the Glasgow Gurdwara was disrupted by some "extremist elements". Scotland Police has responded to the incident and said an investigation is happening in the case.

However, Mr Bloom also highlighted that the majority of the Sikh population in the UK does not share extremist ideologies and is feeling let down by these radical elements within their community.

"And I think what we're seeing is this increase in activity partly because Western governments have not done enough to address and tackle this rising extremist and sinister and aggressive behaviour," he said.

He added, "I'm very concerned that the vast majority of British Sikhs, many of whom wrote to me and I interviewed as part of my evidence gathering for the report, are being let down by these very small numbers within their own community and by the British government and I guess would be the same in Canada, the Canadian government who are not doing enough to protect them from these fringe elements that exist within their community".

Regarding the rising extremism in Canada, Mr Bloom emphasised that the UK, US, Canada, and other Western governments should collectively address the issue. He called for an improvement in the British government's efforts to protect British Sikhs who want no involvement with such extremist elements.

In another incident on Saturday, a Sikh restaurant owner, who earlier received threats from Khalistani elements for being vocal against them, alleged that his car was shot at and vandalised by the extremists in West London.

"I think the British government do need to improve their game. I think they've done a lot in the last few years, but I think they need to do a lot more to protect the vast majority of British Sikhs who want nothing to do with this nonsense...I guess that the Canadian government and the American government and other Western governments also need to do more to make sure that this small minority is not ruining the lives of others," he said.

The British author also cautioned, stating that if the issue is not addressed, it will get "out of control" harming more people. He also advised that the authorities need to take a closer look at online materials being put out.

"And I think that is where we've got to be really very careful because if this issue with these extremists within the Sikh community, if it's not addressed, if it's not dealt with, then it will get out of control and more people will be intimidated, more people will be harmed...There's no doubt in my mind that there are extremists within all faith communities, but there are extremists within the Sikh community that they need to be dealt with," Bloom further said.

Notably, the report by Colin Bloom for the UK government warned that some pro-Khalistan Sikh groups aim to artificially inflate their influence by lobbying political bodies under the guise of human rights activism, presenting a false appearance of legitimacy. 

It is to be noted that the subversive, sectarian, and discriminatory activities of these groups do not reflect the true nature of the majority of British Sikh communities.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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