Tamilnad Mercantile Bank Limited (NSE: TMB, BSE: 543596) has announced its provisional business figures as of March 31, 2025, showcasing significant year-on-year (Y-O-Y) growth across key performance indicators.
The bank’s total business reached ₹98,054 crore, reflecting a robust Y-O-Y growth of 9.58% compared to ₹89,485 crore in the previous financial year. Total deposits grew to ₹53,689 crore, marking an impressive Y-O-Y increase of 8.43% from ₹49,515 crore.
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The bank’s gross advances surged to ₹44,365 crore, demonstrating a strong Y-O-Y growth of 11.00% compared to ₹39,970 crore.
RAM Advances: Advances to the Retail, Agriculture, and MSME (RAM) sectors grew significantly to ₹41,297 crore, up by 13.19% Y-O-Y from ₹36,484 crore.
The disclosed figures are provisional and subject to audit by the Statutory Central Auditors of the Bank.
Swapnil Yelgaonkar, Company Secretary & Compliance Officer of Tamilnad Mercantile Bank Limited, confirmed these details in a regulatory filing with stock exchanges.
Tamilnad Mercantile Bank’s impressive performance in FY25 underscores its strong market position and ability to drive growth across key business segments.
Stay tuned for further updates on market movements and financial insights.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
Also read: Jubilant FoodWorks Reports Robust Q4FY25 Results, Driven by Strong Revenue Growth.
Published on: April 4, 2025 / M Vishnu
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As stated in Bhagavad Gita:
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भोक्तारं यज्ञतपसां सर्वलोकमहेश्वरम्।
The person who is not disturbed by the dualities of happiness and distress, and is unbothered by the external world, is certainly eligible for liberation.
