BANK COMPARE
TMB· Q1 FY27

Tamilnad Mercantile Bank

Advances reported on a gross basis

Assets
₹79,786 Cr
Deposits
₹64,409 Cr
19.71%YoY
Advances
₹57,306 Cr
27.01%YoY
Business
₹1,21,715 Cr
23.04%YoY
Net Profit
₹411.51 Cr

Digital & payments

Digital transaction share97.4%
UPI transactionsNot disclosed

Digital transaction share — peer comparison

Digital & payments detail

Digital share
97.40%

Digital transaction share

Q1 FY27· Page 37
Digital initiatives
UPI on credit card; UPI Lite/Auto Top-up; UPI TapnPay; UPI Help 2.0; CBDC; revamped website; multilingual ATMs; digital onboarding/VKYC

Future-ready bank roadmap

Q1 FY27· Page 38

Digital initiatives

  • Digital payments

    UPI credit card, UPI Lite, UPI TapnPay, UPI Help 2.0

    Payment modernization

  • Digital onboarding

    Customer onboarding & VKYC enhancement; revamped website; multilingual ATMs

    9-language ATMs

  • Core modernization

    CBDC, co-lending, B2B invoicing/payments, LOS/LMS, AI/ML analytics, cloud

    Future-ready bank roadmap

  • Digital Transformation

    Digital transformation is nearing completion.

  • Digital Transformation

    Modernization of bank operations through the implementation of Oracle Fusion for HCM and CX, workflow automation, and a new state-of-the-art AI Call Center.

    IT spend up 15.80% YoY

  • Digital Banking Transformation

    Upgradation of the Internet Banking Application into a Digital Engagement Hub along with mobile banking and UPI enhancements.

    Upgradation of Internet Banking Application to Digital Engagement Hub

  • Digital Transformation / Customer Experience

    Implemented a Customer Relationship Management (CRM) platform.

    Customer experience platform (CRM) implemented in Q2FY26.

  • Digital Banking / Customer Acquisition

    Establishment of Transaction Business Group helped turn the tide on CASA. Tab based online Current account opening launched on 08.07.25 to accelerate growth.

  • Digital Banking

    Strategic focus on shifting customer behavior towards digital channels resulting in high digital transaction penetration.

    96.62% digital share

  • Digital Transformation

    Implementation of Oracle CX, Vendor Management System (VMS), and Business Process Management (BPM) modules to drive operational excellence, seamless customer lifecycle management, and paperless digitized workflows.