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...
Faced with a couple aged between 75 and 80 years fighting a legal battle against each other for alimony, the Allahabad High Court on Tuesday made a strong observation, saying it seemed that 'kalyug' (the age of darkness in Hinduism) has arrived.
Hearing a petition by the husband, Munesh Kumar Gupta of Aligarh, against a family court order in favour of his wife, Justice Saurabh Shyam Shamshery said the legal contest was a matter of concern and also tried to give advice to the couple.
Mr Gupta's wife had demanded alimony from him and the family court had ruled in her favour. The man challenged the order and, issuing a notice to the wife, the high court said it hoped that they would come to an agreement by the next date of hearing.
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