Indian market closed in the red for the third consecutive day in a row on Monday. The BSE Sensex fell more than 500 points while the Nifty50 closed below 24700.
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.