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SBI Card profit gets squeezed by bad loans, impairment charge, and a big provision for COVID-19

This is the first earnings report released by SBI Cards and Payment Services since it was listed on the bourses in March 2020.In Q4 2020, SBI Cards’ profits fell by 66% compared to the same period last year, to ₹83.5 crore from ₹249 crore.The company also created a provision of ₹489 crore to account for the economic concerns arising due to the Covid-19 pandemic.On the flip side, SBI Cards’ asset quality improved, with its non-performing assets declining to 2.01% from 2.44% a year earlier.SBI Cards and Payment Services today posted its Q4 earnings (January-March 2020), revealing a fall of 66% in its profits to ₹83.5 crore, while its bad debts and impairment losses rose by 138% to ₹838 crore on a year-on-year basis. “Considering the possible effects from the pandemic relating to COVID-19, the




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Everybody is sailing in same boat: Bobby on life in Bollywood during lockdown

Mumbai, May 9 () Bobby Deol says be it the superstars or the aspiring actors, everyone is struggling right now as the nationwide lockdown has brought the Indian film industry to a grinding halt.The 51-year-old actor, who started his second innings in Bollywood with films like "Race 3" and "Housefull 4", believes the ongoing scenario across India due to coronavirus pandemic is scary. "There are a lot of actors in the industry who want work but not everybody gets that opportunity or the luck. Right now, even the big stars are also sitting at home. "Everybody is sailing in the same boat. For actors there is no way out to go and work till things get fixed. It is scary for everybody," Bobby told in an interview.The actor had finished two digital projects -- a Netflix film "Class of 83", to be




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Elon Musk and Grimes gave their baby an unusual name with multiple hidden meanings, and it may have a hidden connection to the X-Men

Tesla and SpaceX CEO Elon Musk and the musician Grimes have given their new baby an unusual name full of hidden meaning, and it may have been inspired in part by X-Men comics. The name, which Musk and Grimes say is spelled X Æ A-12, is pronounced X Ash Archangel, according to Musk. Archangel is the internal codename for the A-12, a US Central Intelligence Agency plane built during the Cold War. The A-12 was the precursor to the SR-71 Blackbird, which Musk and Grimes say is their favorite aircraft. "No weapons, no defenses, just speed. Great in battle, but non-violent," Grimes said in her tweet explaining the name.The Blackbird is nearly identical to the X-Jet, the plane used by the X-Men. Both planes can fly at supersonic speeds and have technology to make them nearly undetectable. Both Musk




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The coronavirus may force US states to adopt vote-by-mail policies — which usually take decades to implement

Quarantine restrictions are spurring several US states to weight adopting vote-by-mail policies for the November elections.Five states already have established vote-by-mail processes: Washington, Oregon, Utah, Colorado, and Hawaii.Switching to vote-by-mail is typically a yearslong process, but states would have to do the work in just a few months.And the initiative is facing criticism from President Donald Trump, who has expressed fears of ballot fraud.View more episodes of Business Insider Today on Facebook.With much of the United States under quarantine restrictions, several states are weighing whether they'll be able to hold traditional elections this November.One alternative to in-person voting that is gaining steam is vote-by-mail, which is already an established process in five states:




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The Project's Meshel Laurie speaks out on royal baby

The Duchess of Cambridge left fans in awe on Monday when she posed for pictures with her newborn baby just seven hours after giving birth.




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Kasey Chambers won over her children by collaborating with Ed Sheeran

Now, the Australian country icon has revealed her high-profile collaboration with the British music superstar won over her three children - Talon, 15, Arlo, 10, and Poet, six.




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Bill Cosby accuser recalls harrowing details during The Project interview 

On Thursday, disgraced comedian Bill Cosby was convicted of drugging and sexually assaulting Andrea Constand at his home in 2004.




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How pregnant Carrie Bickmore hid her baby bump on The Project

'It’s funny, I’ve been wearing lots of jackets and jumpers,' the 37-year-old host dished while discussing the happy news on her radio show Carrie & Tommy.




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The Project is slammed by viewers for mocking a mining executive

The Project has been slammed by viewers after they mocked the voice of mining executive Geoff Summers speaking in Tasmania. One viewer labelled the hosts 'a bunch of bullies'.




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Gogglebox favourites Lee and Keith reveal they're STALKED by fans

Since making their debut on Gogglebox Australia back in 2015, Melbourne couple Lee and Keith have become beloved all across the country. 




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The Project's Carrie Bickmore proudly shows off her growing baby bump

The Project host is expecting her third child in the coming months. And on Monday night, Carrie Bickmore flaunted her burgeoning baby bump in a pink frock.




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Rival networks 'irritated' by Lisa Wilkinson on The Sunday Project

She's brought Hollywood prestige to The Sunday Project with a series of exclusive interviews.




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The Project beaten by Great Getaways and ABC's 7.30 in ratings

Ratings season may be over, but the fallout is continuing.




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Rugby World Cup 2019: Cooper could have faced Cipriani but for rugby's distrust of mavericks

EXCLUSIVE INTERVIEW BY NIK SIMON: It does not take long for a couple of rugby fans to pick out Quade Cooper from the crowds beneath the glow of Osaka's neon billboards.




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Rugby star Quade Cooper and model girlfriend Laura Dundovic sell their Brisbane home

Rugby union star Quade Cooper and his model girlfriend Laura Dundovic have finally sold their Brisbane home.




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Rugby player Quade Cooper 'SPLITS' from model Laura Dundović after five years

Bikini model Laura Dundović and rugby union player Quade Cooper appear to have split after five years together. 




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Rihanna defended by Slave Play playwright after she's late and texting at Broadway play

The Barbados-born beauty was around 15 minutes late to the play, and Harris came to her defense in a tweet, saying he was happy to delay the production and receive the texts she sent.




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Rihanna comforted by fans on social media after she mourns loss of late uncle Rudy

The Umbrella singer was inundated with thousands of responses from her 75.5 million followers, as fans offered their condolences over the death in the family.




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Rihanna gets grilled about baby plans by Anna Wintour after gushing she's 'happy' in relationship

The 31-year-old mogul participated in a back-and-fourth Q&A with Vogue editor-in-chief Anna Wintour who asked her if she was planning on having a baby soon.




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Rihanna gives Anna Wintour a pass over probing 'personal' baby question: 'Women get very defensive'

The Barbados-born beauty was asked about the grilling while speaking with Extra Friday at the Guggenheim Museum in New York City.




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Rihanna holds friend's newborn baby calling herself 'Aunty Oh NaNa' in adorable snap from hospital

The Umbrella singer's hair was braided and she wore a black sweater at a medical facility the shots were snapped at.




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Rihanna flaunts her toned legs in silky black gown as she is joined by Zendaya and Natalie Portman

The film Queen & Slim starring Daniel Kaluuya and Jodie Turner-Smith is set to be released in theaters. And on Thursday, Rihanna, Zendaya and Natalie Portman attended the LA premiere.




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Rihanna documentary snapped up by Amazon for a whopping $25million

News about the Rihanna doc came just a week after a project about Billie Eilish was picked up by Apple TV+ for $25million as well. Director Peter Berg has been working on the project for several years.




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British Fashion Awards: Rihanna and Holly Willoughby attend

The superstar, 31, made an entrance in a halterneck mint green satin mini dress and wrapped a matching sheer dress coat over her statuesque frame.




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Rihanna looks radiant as she covers very special issue of i-D magazine curated by the diva herself

She's already a singer, fashion designer, and makeup mogul. And now Rihanna can add magazine editor to her list of expertise, after collaborating with i-D magazine.




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Rihanna makes history by wearing a durag on British Vogue cover

Rihanna makes history in May 2020 issue of British Vogue, becoming the first person to ever wear a durag on the cover of the prestigious fashion publication. 




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Rihanna's dad Ronald Fenty, 66, 'thought he would die' after being stricken by coronavirus

'My daughter Robyn was checking in on me every day,' he said, referring to the pop star by her birth name.




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Christina Milian shows off amazing post-baby body in Rihanna's Savage X Fenty lingerie

In addition to her efforts for the superstar singer's lingerie line, Milian also works with the clothier Fashion Nova, has a donut business called Beignet Box and a jewelry line called House of Fine Gold.




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War of words: Reno Rumble star Carly Schulz slams cheating claims made by fellow team mate Michelle Ball

Ball and her husband Steve were eliminated on Sunday's episode, leaving five couples, including Schulz and her partner Leighton Brow, to battle out the inaugural Nine Network series.




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Reno Rumble's Ben and Jemma announce they're expecting baby number two

Reality stars Jemma and Ben Van Ryt announced on Monday that they are expecting a little brother of sister for their six-month-old child.




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Blue Tongues just beat the Redbacks on Reno Rumble 2015 by half a point

It was the final stretch of the 72-hour semi-finals challenge on Sunday night's episode of Reno Rumble.




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TReno Rumble's Sarah and Renee betray Scott and Nadia by withholding vital information

While the Blue team hit the ground running this week, cohesion soon turned to chaos when Sarah and Rene decided not to tell team captains Scott and Nadia about a vital request.




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Millie Bobby Brown's 2018 SAG Awards beauty look

From her space buns to her pink nail art, Millie Bobby Brown, 13, had the most fun beauty look of the night at the 2018 SAG Awards in Los Angeles Sunday.




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Ryan Gosling, Hugh Jackman, Viola Davis, and the cast of Roma among the snubbed by SAG Awards

Not everyone got good news when Orange Is the New Black's Laverne Cox and Crazy Rich Asians' Awkwafina listed off the nominations on Wednesday




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SAG Awards: Crazy Rich Asians' Harry Shum Jr and wife Shelby arrive

Most guests could only bring a plus one. But lucky Harry Shum Jr got to bring his gorgeous wife Shelby and his unborn daughter to the SAG Awards on Sunday.




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SAG Awards: Lady Gaga consoled by fiancé after A Star Is Born snub

The Born This Way hitmaker, 32, joined her fiancé Christian, 50, following A Star Is Born's snub at the 25th annual SAG Awards, held at Los Angeles' Shrine Auditorium on Sunday.




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Kirby Howell-Baptiste brings back the hoop dress with Logan Browning at SAG Awards cocktail party 

Kirby Howell-Baptiste and the cast of Barry recieved a SAG nomination for the second consecutive year for Outstanding Performance by an Ensemble in a Comedy Series.




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Stranger Things' Millie Bobby Brown throws some shapes with Noah Schnapp at Netflix after-party

The duo appeared to be two of the first to hit the dance floor as they busted some moves together at the star-studded bash held at at Sunset Tower in Los Angeles.




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Millie Bobby Brown looks angelic as she hits the SAG Awards red carpet in a pristine white ensemble

Stranger Things star Millie Bobby Brown hit the red carpet in a pristine white dress/pantsuit at the 2020 SAG Awards on Sunday afternoon.




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Millie Bobby Brown's, 15, SAG Awards 'mature' outfit criticized on social media

Millie Bobby Brown, 15, hit the SAG Awards red carpet on Sunday in a glamorous white Louis Vuitton dress, and she's been facing criticism for dressing too old.




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Millie Bobby Brown admits to struggling with online criticism as she marks 16th birthday

The Stranger Things star took to Instagram on Wednesday to celebrate her birthday, and opted to highlight the struggles she's faced since rising to fame.




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DAN HODGES: Will Jeremy Corbyn's Brexit betrayal kill off the Beast of Bolsover after 49 years? 

DAN HODGES: I'm in Bolsover, the sort of seat where they once needed scales to measure the size of the Labour vote.Local MP Dennis 'The Beast' Skinner is party royalty.




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Taylor Swift is saying goodbye to negativity and refuses to stress about her body

The musical icon dished to People that she's ready to 'toss out things' that don't serve her soul, including any opposing thoughts on her body.




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Taylor Swift material owned by Scooter Braun WILL be safe to use in her doc Miss Americana

The upcoming Netflix documentary Taylor Swift: Miss Americana will premiere at the Sundance Film Festival next month, it was announced Wednesday.




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Taylor Swift kicks off the holiday season by paying homage to her childhood with her new song

The holiday season can officially begin now that Taylor Swift has released her new song, Christmas Tree Farm. The 29-year-old (who celebrates her 30th birthday next week) dropped her latest song.




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Taylor Swift had personal security on the Cats set due to being 'persistently targeted by stalkers'

She's one of the biggest pop stars in the world, and she isn't interested in taking any chances.




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Kim Kardashian posts throwback snap with baby Saint to distract from Taylor Swift drama

Kim Kardashian tried to distract from renewed Taylor Swift drama with a heartwarming Instagram post on Saturday. However the commenters were undeterred, lambasting her under the photo.




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Taylor Swift donates money to fans affected by COVID-19 and discusses pandemic on SiriusXM DJ set

The 30-year-old Grammy winner has not postponed her 15-date concert tour Lover Fest, which is scheduled to kick off June 20 in Belgium




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Taylor Swift is keeping herself busy in isolation by cooking, drinking wine and listening to music

She has been isolating at home with her three cats. And Taylor Swift revealed the ways so is keeping herself busy while staying inside.




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Delta Goodrem stitched up by The Voice traitor

'Delta's convinced someone on The Voice is trying to make her look bad,' the source told the publication.