Quarterly Result2 Jul 2025, 01:29 pm
Tamilnad Mercantile Bank Reports 9.86% Growth in Total Business for Q1 2025
AI Summary
Tamilnad Mercantile Bank Limited has released its provisional business figures for the quarter ended 30th June, 2025. The bank has reported a growth of 9.38% in total deposits, 4.51% in CASA, 10.44% in gross advances, and 9.86% in total business as compared to the same period last year. These figures are subject to limited review by the Statutory Central Auditors of the Bank.
Key Highlights
- Total Deposits increased by 9.38%
- CASA grew by 4.51%
- Gross Advances saw a rise of 10.44%
- Total Business reported a growth of 9.86%
- Figures are subject to limited review by the Statutory Central Auditors