The company’s stock plunged 14 per cent to hit a 52-week low of Rs 176.50 apiece on both the BSE and NSE.

RBL Bank announced the September quarter earnings on Saturday.

The private sector lender had reported a post-tax net profit of Rs 294 crore in the year-ago period, and Rs 372 crore in the preceding June quarter.

RBL Bank Chief Executive Officer and Managing Director R Subramaniakumar told reporters that the stress in the microfinance book is due to industry-wide issues, but the same on the credit-card front, where the regulator has been flagging risks for the industry, is on account of internal aspects.

A senior bank official said the lender expects the challenges on credit cards that are arising out of a transition, to take loan collections in-house from being outsourced to a partner earlier, will settle by the end of the third quarter, but the same on microlending may persist longer.

The fresh slippages nearly doubled to Rs 1,026 crore during the quarter, and nearly 70 per cent of the additions came from the credit card book, while the rest were from microfinance, an official explained.

Delhi team in the IPL andthe WPL along with the Pretoria Capitals franchise in SA20.

JSW Sports and GMR Group co-own Delhi Capitals in the IPL and WPL (Women’s Premier League) while Pretoria Capitals is owned solely by JSW Sports.

“In his role, Ganguly will spearhead all cricketing properties owned by JSW Sports, including the Delhi Capitals men’s IPL and women’s WPL teams, and the Pretoria Capitals that plays in the SA20 League in South Africa,” said JSW Sports in a statement.

Ganguly joined Delhi Capitals in 2019 as an advisor, where he worked alongside coach Ricky Ponting, and later returned to the franchise as Director of Cricket after his stint as BCCI president.

Ganguly’s appointment came soon after it was decided that the management of cricket operations for Delhi Capitals’ teams in the IPL and the WPL will be handled in a two-year rotation policy between GMR Group and JSW Group.

The GMR Group will handle the operations of the Delhi Capitals in the IPL for the next two years, while JSW Sports will handle the franchise’s team in the WPL.

Former India batter Hemang Badani is expected to be named head coach ahead of IPL 2025.

Speaking on the appointment, JSW Sports founder Parth Jindal said, “Dada has always had a special place at JSW Sports. For us, he is family first and then the cricketing icon that he is.

“I’ve said this in the past and it stands true even today – he is one of the sharpest brains in cricket and we will always stand to benefit from his guidance and wisdom of the sport.”

Ganguly added, “I’ve had the pleasure of knowing the JSW Group and the Jindal family personally and professionally which made this an easy decision.

“JSW Sports has been doing visionary work across the board, and I am pleased to be able to lend my experience to all its cricketing projects.”

Fire engines, bomb squad a police forensic team have been rushed to the spot near the CRPF school, Sector 14, Rohini to ascertain the source of the loud blast.

The wall of the school, nearby shops and a car received damage, police said.

DFS officials said, “We received a call regarding a blast near the boundary wall of CRPF school at 7.50 am. We immediately rushed two fire engines to the spot. There was no fire and no one was injured due to the blast, so our vehicle returned.”

Senior police officers, including from the crime branch and the Special Cell, reached the spot.

“Our forensic team and crime unit are at the spot to collect samples from the blast location. It could be a firecracker, but we are investigating the entire matter from all angles,” a senior police officer said.

Police said that they are checking the CCTV footage.

In a statement, police said they received a PCR call at 7.47 am regarding a loud blast.

“SHO/PV and staff reached at the spot, where the school wall was found damaged with a foul smell. The glasses of nearby shop and car parked near the shop were found to be damaged. No one was injured,” they said.

“Crime team, FSL team and bomb disposal squad is called to the spot. Crime spot has been cordoned. Fire brigade team is on the spot. The matter is being looked into on the cause of blast,” it said.

In four days, more than 20 flights of various Indian airlines received bomb threats, including international flights, and some of them were diverted. Most of the threats have turned out to be hoaxes.

Against this backdrop, the ministry is looking at amending existing rules, including those related to the Bureau of Civil Aviation Security (BCAS), in order to ensure stringent punishments are in place for the culprits, the official in the know said.

Placing individuals making hoax bomb threats in the airlines’ no-fly list is one of the proposals being looked at, the official said.

The official also said legal opinions are being gathered with respect to making the changes in the rules.

The provisions being followed in foreign countries to deal with hoax bomb threats are also being examined by the ministry.

Further, the official said that if necessary, legislative amendments will be explored for having a strong deterrent to prevent people from making hoax bomb threats to airlines.

Currently, there are strict norms against unruly passenger behaviour onboard flights but there are no specific provisions under the aviation regulations to deal with instances where a bomb threat has come from outside sources such as social media.

At present, the actions against hoax bomb threat incidents are taken by the police under criminal laws.

The official also said that discussions are going on with home and law ministries while inputs are being gathered from airlines.

“We want rules that can act as a deterrent,” the official said.

On Wednesday, Civil Aviation Minister K Rammohan Naidu said law enforcement agencies are actively pursuing all cases of bomb threats against airlines and the government is closely monitoring the situation.

He also condemned any attempt to compromise the safety, security and operational integrity of the aviation sector.

The Aam Aadmi Party (AAP) leader was arrested by the Enforcement Directorate on May 30, 2022 on money laundering charge due to four companies allegedly linked to him. 

“Considering the delay in trial and long incarceration of 18 months, and the fact that trial will take long to start, let alone conclude, the accused is favourably suited for the relief,”PTI quoted Special Judge Vishal Gogne as saying.