Tamilnad Mercantile Bank reported a 28% rise in Q4 profit driven by strong business growth, higher income and improved margins. Advances and deposits grew steadily, while asset quality strengthened, reflecting robust operational performance and sustained expansion across lending and deposit segments.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of