Tamilnad Mercantile Bank Ltd reported strong growth as total advances rose by 10.49% year-on-year and total deposits climbed 12.32% YoY as of September 30, 2025. The performance highlights the bank’s continued momentum in expanding its lending and deposit base, driven by customer confidence and operational efficiency amid a competitive banking sector.
Key Points:
-
Strong Advances Growth: Total advances up 10.49% YoY, signaling robust credit demand.
-
Healthy Deposit Rise: Total deposits increased 12.32% YoY, reflecting strong liquidity inflows.
-
Business Momentum: Growth underpinned by strategic expansion and customer trust.
-
Operational Efficiency: Tamilnad Mercantile Bank continues focus on digital transformation and risk management.
Sources: Tamilnad Mercantile Bank financial disclosures, quarterly updates