मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष

कोशिश गोल्ड - मुक्त

TMB eyes 15% growth in advances, 13% in deposits in FY26

Business Standard

|

October 29, 2025

Thoothukudi-based Tamilnad Mercantile Bank (TMB) on Tuesday said that it is expecting a 14-15 per cent growth in advances, and 12-13 percent in deposits during 2025-26 (FY26).

- SHINE JACOB

The bank posted its highest-ever quarterly net profit of ₹318 crore during the second quarter of the financial year 2025-26 (FY26), up 5 per cent from ₹303 crore during the same period last financial year. Its total business grew by 11.40 per cent during the second quarter, the highest year-on-year growth since listing, touching ₹1.02 trillion from ₹91,875 crore in September 2024.

“When we end the year FY26, we will have a 14-15 per cent growth in advances, around 12-13 percent growth in deposits, and Casa should be around 12 per cent. I think that is coming due to the various initiatives happening,” said Salee $ Nair, managing director and chief executive officer of TMB.

Business Standard से और कहानियाँ

Business Standard

Business Standard

The best & brightest gather at BFSI Summit

India (Sebi) Chairman Tuhin Kanta Pandey; Insurance Regulatory and Development Authority of India (Irdai) Chairman Ajay Seth; Pension Fund Regulatory and Development Authority (PFRDA) Chairman S Ramann; Department of Financial Services' Secretary M Nagaraju; Chief Economic Advisor V Anantha Nageswaran; Reserve Bank of India (RBI) Deputy Governors T Rabi Sankar and Poonam Gupta; State Bank of India (SBI) Chairman C S Setty; veteran banker and non-executive Chairman of Jio Financial Services K V Kamath; former whole-time member of Sebi Ananth Narayan G, and Arundhati Bhattacharya, Chairperson & CEO of Salesforce, India.

time to read

2 mins

October 29, 2025

Business Standard

Multi-asset funds take divergent paths on gold, silver allocation

Half of the top 10 schemes pare exposure, others raise their bets

time to read

2 mins

October 29, 2025

Business Standard

Supreme will need H2 rebound to plug Q2 leak

Profitability hit by weak agri demand; management eyes revival ahead

time to read

2 mins

October 29, 2025

Business Standard

Business Standard

CIL intensifies critical mineral push

State-owned coal producer looks at fresh domestic bids, overseas scouting

time to read

1 mins

October 29, 2025

Business Standard

HDFC sends 2 bankers on paid leave

HDFC Bank Ltd, the country's largest private-sector lender, has put two senior executives on gardening leave amid a probe after customers alleged mis-selling of Credit Suisse securities, according to people familiar with the matter.

time to read

1 mins

October 29, 2025

Business Standard

Big Blue’s big bets: AI, Cloud and quantum

India is central to ‘Big Blue’, IBM's global playbook — both as a market and an innovation hub

time to read

5 mins

October 29, 2025

Business Standard

Labs that build nations

The Nobel economics prize committee has been remarkably consistent in highlighting what drives sustainable prosperity.

time to read

4 mins

October 29, 2025

Business Standard

Services sector jobs risk falling into 'low-wage trap'

Informality and poor pay still define India's largest employer, says NITI Aayog report

time to read

2 mins

October 29, 2025

Business Standard

Falling for a 'card limit upgrade'? That OTP could drain your account

Anewscamis doing the rounds, targeting credit card users looking for ahigher spending limit.

time to read

1 min

October 29, 2025

Business Standard

Cyclone Montha makes landfall on Andhra coast

Multiple trains, flights impacted

time to read

1 min

October 29, 2025

Listen

Translate

Share

-
+

Change font size