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Press Release

get to have the complete press kit about tmb here
Press Release - get to have the complete press kit about tmb here

Welcome to Press Release at Tamilnad Mercantile Bank.

Find the latest news worthy happenings at TMB. Get the latest upto date press release / announcements about new product launches, interest rates revisions, branch openings, atm openings, and other related information from us. Keep yourself updated about TMB with the detailed press release below.

Performance Highlights in FY 2007-2008

Jul11

I am happy to share with you the good performance of our Bank for the year ended March 31, 2008. The Bank successfully added several milestones during the last year and crossed the business level of Rs.13002 Crore landmark. The growth rate of deposit is 27.42% and advance is 31.74% which is more than the Banking Industrial Average Growth of 22.20% and 22.30% respectively. The Bank has improved its Market Share in total business and advances and maintained its market share in deposits among all other Scheduled Commercial banks in India. It is a matter of great satisfactory that the Bank has maintained the pace and tempo of growth in many parameters and is emerging strong and also scaling new heights of all round performance.

Complete Performance 2008 Press Release