Tamilnad Mercantile Bank Limited — Important, 15-07-2025: General Updates
15-07-2025 | 09:32 pm
15-07-2025 | 09:32 pm
Tamilnad Mercantile Bank (TMB) has released its Business Responsibility & Sustainability Report for FY25. The bank focuses on diverse customer segments (42% Agriculture, 30% MSME, 21% Retail credit) across 578 offices. Key operational efficiencies noted with improved energy & water intensity. TMB is boosting employee skill training (97.69% covered) and pushing digital adoption to cut paper use. The bank also installs solar panels & maintains strong cybersecurity. A minor RBI penalty of Rs 4.60 lakh was noted for ATM & service issues, a negligible amount given its scale.
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