Bending Instability of an Accretion Disc Around a Black Hole

We demonstrate that generically an accretion disk around a compact object could have a new type of instability in that the accretion flow need not be symmetric with respect to the equatorial plane even when matter is supplied symmetrically farther out. We find that this behaviour is mainly due to interaction of outgoing matter bounced off the centrifugal barrier and the incoming accretion. We believe that X-ray variability could be developed by this instability.