Tamilnad Mercantile Bank · forward-looking guidance across the available source record.
Guidance tracker
Management increased full-year advances growth guidance from 20% to 21-22%, citing strong momentum in MSME and retail segments. Gold loan growth expected to moderate in H2 FY27 as price-driven expansion normalizes.
Deposit growth guidance increased from 16% to 18% as system responds positively to bank's offerings. Term deposit focus in Q1 has secured the resource base for growth trajectory.
NIM guidance of 3.90% raised to above 4% for FY27, supported by 35bps YoY improvement already achieved (4.29% Q1). Yield on gold loans increased to 10.58% in anticipation of hardening deposit rates.
Return on Assets guidance revised from 1.9% to above 2%, with ROE targeting 15% (already achieved at 15.93% in Q1). Cost-to-income ratio expected in 46-47% range.