Rate cut will impact NIM, recovery expected in 3 quarters, says Tamilnad Mercantile Bank CEO
For the December quarter, Tamilnad Mercantile Bank has reported a 6 percent year-on-year growth in net profit at Rs 300 crore ...
Business Line10d
TMB posts 6% rise in Q3 profit, deposit portfolio crosses ₹50,000 cr
Additionally, the bank’s total deposit base surpassed ₹50,000 ... MD & CEO, Tamilnad Mercantile Bank. The bank’s net interest income grew by 6 per cent to ₹570 crore (₹537 crore in ...
Indiatimes8d
TMB focusing on increasing deposits: MD & CEO
CHENNAI: Private sector Tamilnad Mercantile Bank (TMB) is focusing on increasing deposits, its MD & CEO Salee S Nair said. The bank's total deposits rose by 7.7% in the quarter ended Dec 31 ...
The Financial Express7d
TMB forms transaction business group to grow CASA deposits
Shares of TMB closed down ... driven by high-cost term deposits, up 11% to ₹36,605 crore. Nair said there has been an industry-wide shift from low-cost CASA to high-interest term deposits.
Tamilnad Mercantile Bank Q3 results: Net profit rises 6% to Rs 300 crore
The net interest income stood at Rs 570 crore for Q3 FY25, as against Rs 537 crore in Q3 FY24, registering a growth rate of 6 ...
The Hindu9d
Tamilnad Mercantile Bank Q3 PAT grows 6% to ₹300 crore
Tamilnad Mercantile Bank Ltd. (TMB) reported a 6% rise in Q3 net profit to ₹300 crore from ₹284 crore in the year-ago period. Net interest ... The bank said its deposits had increased ...