South Indian Bank profit of Rs. 272/- Crore I
Rs 272 crore profit to South Indian Bank due to reduction in provision
For the quarter ended March 2022, South Indian Bank had a net profit of Rs. Net profit for the quarter was Rs. 6.8 crore. Operating profit Rs. 288 / – crore as against Rs. 469 / – crore. The Bank has made a provision of Rs. 78 / – crore as against Rs. 456 / – crore. Total unproductive assets are 5.9% and gross income is Rs. 1839 / – crore. In the same quarter last year, the amount was Rs. 2142 / – crore
