It's termed 'Yaw Turn'. Myself performed these aerobatics at Low Levels many times over Delhi-Rajpath, Palam, Hindan, Mumbai Chowpati, Port Blair, Hyderabad, Aero India Yelahanka, Gorakhpur & many others. Beyond aerodynamics! Fond memories!
@ragarwal
@RgGhai
@ArunachalCMO