Wednesday, 13 November 2019

TamilNad Mercantile Bank profit rises to 151 cr

Tamilnad Mercantile Bank (TMB), one of the oldest private sector scheduled commercial banks in the country, is betting on technology to expand its business in a big way. The net profit of the bank for H1 was at Rs. 151.07 crore as compared to Rs. 62.74 crore in the same period last fiscal, registering growth of 141%.


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