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Tamilnad Mercantile Bank Q2 net profit rises 42% to record ₹451 crore

Tamilnad Mercantile Bank reported a record net profit of ₹451.14 crore in Q2 FY27, supported by higher interest income, improved asset quality and strong growth in advances and deposits.

Tamilnad Mercantile Bank Q2 net profit rises 42% to record ₹451 crore

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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Auction of Government of India Dated Securities

Government of India (GoI) has announced the sale (re-issue) of four dated securities for a notified amount of ₹33,000 crore as per the following details: Sr No Security Date of Repayment Notified…

  • Government of India auctions ₹33,000 crore in dated securities.
  • Securities due in 2029, 2033, and 2056 to be auctioned.
  • Multiple price method used for competitive and non-competitive bids.

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