Quarterly Updates1 Jul 2026, 05:30 pm
Tamilnad Mercantile Bank: Total Business Up 23.04% to ₹1,21,715 Cr by June 2026
AI Summary
Tamilnad Mercantile Bank Ltd has reported provisional business figures as of June 30, 2026. Total business reached ₹1,21,715 crore, marking a significant year-on-year growth of 23.04%. Total advances saw a 27.01% increase to ₹57,306 crore, while total deposits grew by 19.71% to ₹64,409 crore. CASA, however, experienced a slight decline of 2.95% quarter-on-quarter, standing at ₹16,852 crore. These figures are subject to a limited review by the bank's statutory central auditors.
Key Highlights
- Total business grew 23.04% YoY to ₹1,21,715 Cr.
- Total advances increased 27.01% YoY to ₹57,306 Cr.
- Total deposits rose 19.71% YoY to ₹64,409 Cr.
- CASA saw a 2.95% QoQ decrease to ₹16,852 Cr.
- Figures are provisional and subject to limited review.
Price Impact
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