Tamilnad Mercantile Bank Limited — Important, 05-04-2025: General Updates

Tamilnad Mercantile Bank has announced a board meeting to discuss provisional business figures as of March 31, 2025. The bank reported a total business growth of 9.58% year-on-year, reaching ₹98,054 Cr. Total deposits increased by 8.43% to ₹53,689 Cr, while gross advances grew by 11% to ₹44,365 Cr, with RAM advances up 13.19% to ₹41,297 Cr. These figures suggest strong operational momentum, which could enhance investor sentiment and indicate a positive outlook for the bank’s growth trajectory.