Sebi’s Wholetime Member Ananth Narayan announced that no additional measures will be taken to restrict derivatives trading, emphasizing ongoing efforts to improve risk management and ease of doing business. He also clarified that Sebi is not considering steps on trading eligibility and appropriability, focusing instead on refining risk measurement and connectivity between cash and derivatives markets.
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.