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TMB OPERATING PROFIT
Tamilnad Mercantile Bank Q1 Results: Net profit up 6% to Rs 305 crore on lower provisionsTamilnad Mercantile Bank reported a 6% YoY rise in Q1 net profit to ₹305 crore, aided by sharply lower provisions, despite a 12% fall in op...- Kerala becomes battleground in banks’ fight for NRI depositsIndian banks are intensifying their efforts to attract deposits from non-resident Indians, particularly in Kerala, a hub for NRI remittance...
- Tamilnad Mercantile Bank Q1 Results: Net profit rises 10% to Rs 287.29 croreTamilnad Mercantile Bank saw a 9.97% rise in net profit for April-June 2024, with Rs 287.29 crore. The increase was attributed to higher in...
- NIM pressure leads to flat Q3 profit at TMBTotal provisions in the December quarter fell to ₹2.4 crore from ₹33 crore a year earlier. The gross non-performing assets ratio remained s...
- For moderate risk takers with a long term perspective ? 5 midcap stocks from different sectors with the right financial matrixLast week, the correction started with a private sector bank leading the fall. However, the very next trading session there was a sharp cor...
- For calibrating and diversifying risks? 6 midcap stocks from different sectors with the right financial matrixAs the Dalal street continues to be in party mode, staying bullish would appear to be the most logical thing at this point of time. Why fig...
- Barring legal issues, TMB IPO looks reasonably pricedThe demanded valuation also looks reasonable. However, the bank is involved in several legal proceedings including those filed by some of t...
- How the TMB buyout bid came to haunt Standard Chartered after 13 yearsAccording to the ED report, Stanchart India held securities of TMB as collateral for money lent by Stanchart Mauritius to overseas companie...
- Jhunjhunwala, Ambani, Dhoni & much of D-Street awaiting these big-bang IPOsSome of these firms have strong balance sheets and credible financials to support this frenzy.
- RBI asks Tamilnad Mercantile Bank to list shares through an IPOThe RBI suggestion is important as it had declined to acknowledge the sale of a 33.54% stake by entrepreneur C Sivasankaran to a group of i...
- DBS Group Q4 net profit down 40 percentDBS Group Holdings, Southeast Asia's biggest bank by assets, said on Friday that fourth-quarter net profit fell 40 percent year on year as ...
- Ownership squabbles have not affected usWith strong fundamentals and a loyal customer base, Tamilnad Mercantile Bank is poised to achieve the long-term goals of Rs 50,000 crore of...
- ‘We can grow only if customers trust us’Ing Group, the Netherland-based financial giant has interests in a variety of segments, be it banking, insurance, asset management or pensi...
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