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Daily Excelsior

Personal Finance / Daily Excelsior

TMB to shift 50 pc workforce into sales roles in 2 yrs amid tech automation

MUMBAI, Feb 11: Tamilnad Mercantile Bank will repurpose more than half its staff towards sales as it shifts focus from maintaining its long-standing customer relationships to increasing revenues, a top official said. This will be done through the technology-led investments which lead to automation benefits in a lot of repeat jobs, its Managing Director and Chief Executive Salee S Nair told PTI, underlining that there will not be any layoffs. Overall employee count is expected to rise by over 200

11 Feb 2026 12:11 pm