Latest Updates Around The World
Salee S Nair, MD and CEO, Tamilnad Mercantile Bank Ltd Tamilnad Mercantile Bank on Wednesday reported a 14 per cent rise in net profit to ₹342 crore for the quarter ended December 2025 (Q3FY26). Total income for the third quarter was ₹1,655 crore, compared to ₹1,520 crore in the same quarter last year. The quarter-on-quarter […]
Tamilnad Mercantile Bank (TMB) has announced the rollout of its new Loan Origination System (LOS). The new technology, developed in collaboration with Noida-based Nucleus Software, is aimed at bringing greater speed, accuracy and standardization to the Bank’s credit processing workflow. It will integrate automated controls, digital workflows, assessment uniformity and internal connectivity, allowing TMB to […]
The Reserve Bank of India (RBI) has approved the appointment of Sankarasubramanian Krishnan, former MD & CEO of Punjab & Sind Bank and Tamilnad Mercantile Bank, as Non-Executive, Part-time Chairman (Independent Director) of Jammu and Kashmir Bank. His appointment runs from November 13, 2025 to March 26, 2028. The central government currently holds a 59.40 […]
Salee S Nair, MD & CEO, Tamilnad Mercantile Bank | Photo credit: Tamilnad Mercantile Bank says after a lull, robust growth is returning for the private sector lender this fiscal. The growth of 11.4 percent in total revenue is the highest in a decade, with 9.3 percent YoY growth, CASA is also showing robust growth […]
Last year the Tuticorin -based bank had reserved £ 150 crore to implement a series of technology -driven upgrades. | Photocredit: Rajesh n Private sector Tamilnad Mercantile Bank will complete its digital transformation program – started last year – in a phased way within the financial year. Last year the Tuticorin -based bank had reserved […]
