AUTO
Ashok Leyland Partners With TMB To Provide Truck And Bus Financing
Ashok Leyland Ltd, the Hinduja Group’s flagship commercial vehicle manufacturer, has signed a memorandum of understanding (MoU) with Tamilnad Mercantile Bank (TMB) to provide customised financing solutions to customers purchasing its trucks and buses. The partnership aims to improve access to vehicle loans, offer flexible repayment options and simplify financing for transport operators, fleet owners […]
CW Bureau
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Oct 12, 2026
BANKING & FINANCE
Prudence First: TMB Targets Growth Without Compromising Asset Quality
Tamilnad Mercantile Bank (TMB) is strengthening its focus on secured lending, MSME financing and digital transformation as it pursues sustainable growth while maintaining one of the strongest asset quality profiles in the banking industry, according to the bank’s Managing Director and CEO Salee S Nair. In his message to shareholders in the Annual Report 2025-26, […]
Sajan C Kumar
·
Jun 18, 2026
BANKING & FINANCE
TMB Net Up 14% In Q3 On Advances Growth, Improved Asset Quality
Private sector lender Tamilnad Mercantile Bank (TMB) has reported net profit of ₹342 crore for Q3FY26 as compared with ₹300 crore in the corresponding quarter of last fiscal, registering an increase of 14%, on the back of asset quality improvement and execution excellence across the organisation. Total income of the bank rose by 9.6% to […]
CW Bureau
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Feb 4, 2026
