BANKING

Private sector Tamilnad Mercantile Bank Ltd has set a target of 12-15 per cent growth on its deposits and advances during the current financial year, its MD and CEO said on Monday. The Tuticorin-headquartered bank, which has been operating for over 100 years, has recorded a 11.53 per cent on its net profit for the April-June 2023 quarter at Rs 261.23 crore as compared to Rs 234.21 crore registered in the same period of last year.

from Banking/Finance-Industry-Economic Times https://ift.tt/6oi1utL
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