TMB plans national expansion & Rs 250 crore tech spend

Tamilnad Mercantile Bank is aggressively expanding its branch network beyond Tamil Nadu, aiming for over a third of its branches to be located outside the state within three years. The bank is also significantly increasing its technology investment to Rs 250 crore to boost productivity and digital engagement, while building a local talent base in new regions.

TMB plans national expansion & Rs 250 crore tech spend
Tamilnad Mercantile Bank is aggressively expanding its branch network beyond Tamil Nadu, aiming for over a third of its branches to be located outside the state within three years. The bank is also significantly increasing its technology investment to Rs 250 crore to boost productivity and digital engagement, while building a local talent base in new regions.