Debt mutual funds saw net outflows of ₹7,979 crore in August 2025, reversing July’s robust inflows of ₹1.07 lakh crore, mainly due to liquid fund redemptions and institutional cash management ahead of advance tax payments.
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.