Hot Pursuit     21-Mar-25
Tamilnad Mercantile Bank gains on appointing Sanjoy Kumar Goel as CFO
Tamilnad Mercantile Bank added 1.40% to Rs 423.75 after the bank announced appointment of Sanjoy Kumar Goel as chief financial officer (CFO), effective from 20 March 2025, on a contractual basis.

Sanjoy Kumar Goel is a qualified Chartered Accountant and completed his bachelor’s degree at Allahabad University. Goel began his career with the State Bank of India (SBI) in 1988 and served as General Manager and Deputy CFO of SBI from October 2020 to September 2023.

Goel is an experienced finance professional with more than 34 years of in-depth experience in financial analysis, derivative instruments, treasury, and risk management. Additionally, he has served in various assignments in both domestic and foreign countries related to financial reporting and tax management.

Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers and micro, small, and medium enterprises (MSMEs).

The bank's standalone net profit jumped 5.6% to Rs 300.24 crore on a 9.6% increase in total income to Rs 1,519.94 crore in Q3 FY25 over Q3 FY24.

Previous News
  Tamilnad Mercantile Bank net profit rises 66.01% in the March 2012 quarter
 ( Results - Announcements 07-May-12   12:54 )
  Tamilnad Mercantile Bank total deposits climb 8% YoY in Q4
 ( Hot Pursuit - 07-Apr-25   14:53 )
  Tamilnad Mercantile Bank standalone net profit rises 69.11% in the March 2015 quarter
 ( Results - Announcements 05-Jun-15   11:09 )
  RBI approves appointment of Salee Nair as MD & CEO of Tamilnad Mercantile Bank
 ( Hot Pursuit - 19-Aug-24   08:58 )
  Tamilnad Mercantile Bank standalone net profit rises 10.85% in the September 2024 quarter
 ( Results - Announcements 29-Oct-24   07:32 )
  Tamilnad Mercantile Bank to convene board meeting
 ( Corporate News - 13-Jan-24   14:48 )
  Tamilnad Mercantile Bank revises MCLRs
 ( Corporate News - 07-Jun-23   13:48 )
  Indices extend gains; realty shares edge higher
 ( Market Commentary - Mid-Session 24-Apr-23   12:34 )
  Tamilnad Mercantile Bank Q4 jumps 11% YoY to Rs 253 cr
 ( Hot Pursuit - 24-Apr-23   12:43 )
  Volumes soar at Tamilnad Mercantile Bank Ltd counter
 ( Hot Pursuit - 05-Aug-24   11:00 )
  Tamilnad Mercantile Bank appoints Director
 ( Corporate News - 27-Sep-24   15:51 )
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