Mutual funds’ cash holdings fell by ₹8,967 crore in August 2025 to ₹1.98 lakh crore, dropping below 5% of total assets for the first time in nine months, with PPFAS holding the highest allocation ratio.
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.