Tamilnad Mercantile Bank to Shift 50% Workforce to Sales Roles

Tamilnad Mercantile Bank plans to transition nearly half of its workforce into sales oriented roles over the next two years as automation transforms operational processes. Management stated that technology integration will streamline back office functions while strengthening customer acquisition and cross selling efforts. The strategic workforce realignment is aimed at improving productivity, boosting profitability, expanding retail presence amid rising competitive pressures in the banking sector.