India’s Real Estate Investment Trusts are growing into a popular investment for everyday people. These trusts are moving beyond just office buildings to include warehouses, hotels, and shopping centers. Experts see this as a major step for the market. REITs offer stable income and a way to invest in large properties without direct ownership.
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.