Market regulator Securities and Exchange Board of India (Sebi) has proposed an asset under management (AUM) threshold of Rs 20,000 crore to consider a benchmark or index as ‘Significant Indices’.
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.