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Kolkata: State-owned Indian Bank said its gross advances grew 13.6% year-on-year to Rs 6.68 lakh crore at the end of March while deposit mobilisation rose 12.6% to Rs 14.98 lakh crore. Four south-based private banks, which updated quarterly business numbers Monday, also saw their gross advances growth outpacing deposit expansion, in line with the industry trend. The Chennai-headquartered Indian Bank said that its advances grew largely on account of lending to retail, agriculture and micro smal ...Read More >
CHENNAI: Private sector Tamilnad Mercantile Bank (TMB) on Monday posted a 4.9% rise in net profit at Rs 318 crore in the quarter ended Sept 30, 2025, against Rs 303 crore during the corresponding quarter last year. Its deposits grew by 12.3% on a YoY basis at Rs 55,421 crore in Q2 FY26 over Rs 49,342 crore during the year-ago quarter. The advances were at Rs 46,930 crore in the July-Sept quarter of 2025-26, an increase by 10.3% when compared with Rs 42,533 crore in the same quarter of FY25. Whil ...Read More >
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