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Mumbai: The country’s largest lender State Bank of India, on Friday, reported a standalone net profit of ₹19.683.75 crore in the March quarter of FY26 (Q4FY26), up 5.6% year-on-year. Its net interest income (NII) in Q4FY26 increased 4% on year to ₹44,380 crore
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TBSE Result 2026: Tripura Board 10th, 12th results declared at tbse.tripura.gov.in, direct link hereTBSE Result 2026 has been declared. The direct link to check Tripura Board 10th, 12th results is given here. Updated on: May 08, 2026 12:55 PM IST By HT Education Desk | Edited by Papri Chanda Share
Communist Party of India leader D Raja on Friday urged Tamil Nadu Governor Rajendra Arlekar to invite actor-politician Vijay’s Tamilaga Vettri Kazhagam to form the government as the single-largest party in the Assembly and allow it to prove its majority on the floor of the House, PTI reported
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London, May 8 (PTI) British Prime Minister Keir Starmer on Friday said he takes responsibility for the “very tough" losses for the Labour Party in the local election, which threw up big wins for the anti-immigration Reform UK. Speaking to reporters as the vote count for Thursday’s UK-wide polls
China probes ex-securities regulator for ‘serious violation of discipline’
China is investigating Yi Huiman, its former top securities regulator, more than a year after his surprise removal from the post.
Yi, 60, is being probed for suspected serious violation of discipline and law, according to a Saturday statement from the Central Commission for Discipline Inspection. Reuters reported the investigation on Friday, citing people with knowledge of the matter.
Yi was let go from his post as chairman of the China Securities Regulatory Commission in February last year and replaced by a former close colleague of Premier Li Qiang. His dismissal came as authorities were battling to stem a stock selloff that erased about $5 trillion from Chinese markets from their 2021 peak. Markets have staged a recovery this year.
The former banker, who had steered the top regulator since January 2019 until his removal, joins a long list of financial officials and executives caught in President Xi Jinping's crackdown on corruption. Xi has vowed to deepen the efforts in sectors from finance to energy and show “no mercy” in the fight, even after having claimed initial victory in mid-2022.
Before becoming a regulator, Yi spent most of his career at the nation's largest lender, Industrial & Commercial Bank of China Ltd., including serving as its chairman from 2016 to 2019.
ICBC has become a focal point of the crackdown. In February, China handed a death sentence with reprieve to the lender's ex-vice president, Zhang Hongli, over bribery. Zhang's time at ICBC, during 2010 to 2018, overlapped in part with Li Xiaopeng, former chairman and party secretary of China Everbright Group, who was sentenced to 15 years in prison in March, and Cong Lin, a former executive at China Renaissance Holdings Ltd., who had also been detained.
Overseeing the securities regulator has never been an easy job, especially when it comes with a task of stabilizing stock markets. Yi took over the reign as CSRC chief after the nation's stocks collapsed into a bear market. The market then rallied more than 80% over the following two years, before giving back most gains while he remained on the post.
Yi's predecessor Liu Shiyu, who headed the CSRC from early 2016, was demoted and punished for violations just months after leaving the job.
Source: HindustanTimes
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