Ethical Compliance
TAMILNAD MERCA BANK
Sector:
Financial Services
Industry:
Banks - Regional
Market Cap Class:
medium
Revenue
100%
Debt
2.1%
Liquidity
5.8%
Revenue
Debt
Liquidity
100%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Questionable
INR Crores
Other Income | ₹644.95 |
Non Compliant
INR Crores
Interest Income | ₹4,847.91 |
INR Crores
Revenue from Questionable Sources: | ₹644.95 |
Revenue from Non Compliant Sources: | ₹4,847.91 |
Total: | ₹5,492.86 |
Total Revenue: | ₹5,492.86 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹5,492.86
₹5,492.86
= 100%
non-compliant
Rationale
The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.