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Yes Bank reports 2.6x rise in net profit to ₹612 cr

The New Indian Express Vishakapatnam

|

January 26, 2025

NET INTEREST INCOME UP 10% AT ₹2,223 CR

- ENS ECONOMIC BUREAU @ Mumbai

PRIVATE sector lender Yes Bank on Saturday reported a 2.6x increase in net income at ₹612 crore for the December quarter, buoyed by a sharp decline in provisions and higher fee income as its retail banking business is returning to near normalcy as it has begun to draw back from the capital locked in the RIFD.

In the last quarter, the bank, owned by other banks led by SBI, had reported a 150% jump in net profit at ₹553 crore.

WEITERE GESCHICHTEN VON The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

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Jeep to expand exports from India to mkts across Africa, North America

SPORTS utility vehicle (SUV) maker Jeep plans to expand its export footprint from India to markets across African and North American continent, making its Maharashtra facility a key contributor to the brand’s global distribution strategy.

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1 min

January 31, 2026

The New Indian Express Vishakapatnam

Medical colleges miss SC order on interns’ stipend, NMC missing in action

DESPITE being pulled up by the Supreme Court and receiving reminders from the Union Health Ministry, the National Medical Commission (NMC) has failed to act against 65 medical colleges that have not submitted details of stipends paid to MBBS interns.

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1 min

January 31, 2026

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

Indian indicted in US for smuggling people from Canada to New York

AN Indian national has been indicted in the United States for human smuggling, while two Punjabi-origin Indian nationals were arrested in Canada in connection with a shooting linked to extortion, highlighting separate but serious criminal investigations involving migrants and cross-border crime in North America.

time to read

1 min

January 31, 2026

The New Indian Express Vishakapatnam

Centre to provide extra funding for reclaiming urban landfills under Swachh Bharat Mission

THE Ministry of Housing and Urban Affairs (MoHUA) has decided to extend additional financial assistance to cities to accelerate the remediation of legacy waste dump sites, in a renewed push to reclaim urban land and eliminate longstanding environmental hazards.

time to read

1 mins

January 31, 2026

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

GROSS MARKET BORROWING MAY HIT ₹17 TRILLION IN FY27

BOND markets have seen some volatility in the recent period, with the yields on the 10-year G-sec creeping up by nearly 13 bps in the last two months, from an average of 6.52% in November 2025 to 6.65% in January 2026.

time to read

2 mins

January 31, 2026

The New Indian Express Vishakapatnam

Fiscal deficit hits 54.5% of full-year target by Q3

THE government's fiscal deficit by the end of December touched 54.5% of the annual budget target for 2025-26 to 78.55 lakh crore as aginst 56.7% in the year-ago period, as per the government data released on Friday.

time to read

1 min

January 31, 2026

The New Indian Express Vishakapatnam

Jaish terrorists cornered inside Kishtwar jungle

SECURITY forces have intensified operations against three Jaish-e-Mohammad (JeM) terrorists trapped in the forest area of Chatroo in the mountainous Kishtwar district of Jammu and Kashmir. In an effort to cut off communication for the terrorists, the authorities have suspended mobile Internet services within six kilometres of the operation zone.

time to read

1 min

January 31, 2026

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

Govt preparing to launch AI Mission 2.0 after $70 bn funding in computing infra

INDIA is preparing to launch “AI Mission 2.0” following a $70 billion investment in computing infrastructure in the first phase, said Minister for Electronics and Information Technology Ashwini Vaishnaw on Friday.

time to read

1 min

January 31, 2026

The New Indian Express Vishakapatnam

The New Indian Express Vishakapatnam

BJP, Congress spar over SIR debate in Rajasthan Assembly

THE Rajasthan Assembly witnessed repeated adjournments on Friday over the Special Intensive Revision (SIR) process, amid sharp exchanges between the ruling BJP and the opposition Congress.

time to read

2 mins

January 31, 2026

The New Indian Express Vishakapatnam

Stem cell treatment for autism malpractice, only clinical trials allowed: SC

THE Supreme Court on Friday ruled that administering stem cell therapy for Autism Spectrum Disorder (ASD) outside approved and monitored clinical trials is unethical and amounts to medical malpractice, citing a lack of scientific evidence and breach of medical standards.

time to read

1 min

January 31, 2026

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