South Indian Bank Q1 profit rises 9.5% to Rs 322 crore despite surge in provisions
has reported a 9.5% year-on-year rise in net profit for the first quarter of the fiscal at Rs 322 crore, while it nearly doubled provisions and contingencies.
The net profit was Rs 294 crore in the year ago period.
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Its asset quality improved with gross non-performing assets ratio dropping to 3.15% at the end of June from 3.20% as on March 31. The ratio was much higher at 4.50% a year back.
The bank's pre-provision operating profit stood 32% higher at Rs 672 crore against Rs 508 crore in the year-ago quarter.
Provision and contingencies stood at Rs 239 crore against Rs 113 crore.
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The profitability was largely buoyed by a rise in non-core income.
Total income stood at Rs 2984 crore, up 9% year-on-year. Other income jumped 47% at Rs 622 crore as compared with Rs 422 crore earlier.
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He emphasized that the U.S. had no plans to initiate conflict but could not sit idle while a senior Russian official made what he termed 'reckless threats.' Trump insisted the move was not just about protecting American interests but also about showing strength in the face of intimidation. 'Words matter,' he wrote. 'When someone threatens nuclear retaliation, we must take it seriously.' This response plays into Trump's broader strategy of projecting American strength on the world stage, particularly in matters involving national security, energy dominance, and great power competition. Will nuclear brinkmanship replace diplomacy? The current climate raises difficult questions about the future of international diplomacy. With both Washington and Moscow hardening their stances, and with war still raging in Eastern Europe, the room for peaceful resolution appears to be narrowing. Analysts warn that mutual threats and weapons deployments only serve to erode what little trust remains between the superpowers. The absence of formal arms control talks, especially after the collapse of key nuclear treaties in recent years, makes these moments even more dangerous. Whether this incident becomes a turning point for reengagement—or the beginning of a new era of nuclear brinkmanship—remains to be seen. He world watches as nuclear tension rises between U.S. and Russia Trump's bold decision to deploy nuclear submarines close to Russian territory has transformed a war of words into a potential flashpoint. His warning to Medvedev—combined with the reality of submarine positioning—sends a clear message that the U.S. is ready to defend its interests and allies, even at great risk. At the same time, the move has rattled the international community, highlighting the urgent need for renewed diplomacy, strategic calm, and nuclear de-escalation. For now, all eyes are on what happens next—because in a world with nuclear weapons, miscommunication can become catastrophe in a matter of minutes. FAQs: Q1: Why did Donald Trump deploy nuclear submarines near Russia? To respond to Medvedev's nuclear threats and rising tensions over Ukraine. Q2: What did Dmitry Medvedev say that triggered Trump's decision? He warned of Russia's Cold War-era nuclear retaliation system, the 'Dead Hand.'
