In a circular on Tuesday, Sebi came out with the revised timelines for completion of the various activities involved in rights issue process from the date of board of directors of the issuer approving it to the date of closure of the issue.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.