Zerodha’s Nithin Kamath compared India’s UPI-led payments ecosystem with the US, noting Robinhood earns Rs 1,300 crore yearly from instant withdrawal fees, highlighting India’s cost-free and efficient payment infrastructure.
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major
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.
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