Tamilnad Mercantile Bank (TMB) has rolled out its New Loan Origination System (LOS) and inaugurated its first Credit Management Centre (CMC) in Thoothukudi, to strengthen its lending operation and significantly reduce loan approval Turn Around Time (TAT).
The new system integrates automated checks, digital workflows, appraisal uniformity and seamless internal connectivity, enabling TMB to process and approve loans efficiently by reducing its TAT.
The new LOS will take place in different phases over a period of next six months across all key loan categories including MSME’s, agriculture and other credit segments.
Sadayandi Ramesh, managing director of Pothys group attended the event as chief guest.
At the event, Salee S Nair, managing director and CEO of TMB said that the launch of the new LOS and LMS platforms marks a major milestone in strengthening TMB’s digital lending architecture.
He added that with the new platform, the TMB aims to reduce TAT for loan sanction, substantially, duly supported by automated checks, real-time integration and data led decisioning.
Published – November 28, 2025 09:21 pm IST
