Tamilnad Mercantile Bank IPO Review – GMP, Strengths, Weaknesses & More!
Trade Brains
AUGUST 31, 2022
Public banks which accounted for 71% share in credit outstanding in Fiscal 2015, account for only 59% share as of Fiscal 2021 while the rest was captured by the private banks. The banking sector enjoyed healthy deposit growth of 10% compound annual growth rate (CAGR) between Fiscals 2015 and 2020. Weaknesses of the Company.
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