Market dips in India’s financial markets present unique opportunities for SIP investors to build long-term wealth by purchasing more units at lower prices. SIPs instill financial discipline, leverage compounding benefits, and offer flexible, automated contributions, making them an effective strategy for navigating market volatility.
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.