In 2025, the SME market in India has been muted, where subscriptions have dried up, and the returns have also not been that great. High volatility in the broader equity market and cautious investor sentiment have restrained the growth of many. However, there have been a few outliers that bucked this trend and gave up to 200% returns.
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.