Quarterly Updates1 Oct 2026, 01:10 pm
Tamilnad Mercantile Bank: Total Business up 27.27% to ₹1,30,261 Cr
AI Summary
Tamilnad Mercantile Bank Ltd has reported provisional business figures for the quarter ended September 30, 2026. Total business grew by 27.27% year-on-year to ₹1,30,261 Crore, compared to ₹1,02,351 Crore in the same period last year. Total advances increased by 29.37% to ₹60,715 Crore from ₹46,930 Crore. Total deposits saw a 25.49% rise to ₹69,546 Crore from ₹55,421 Crore. CASA deposits grew by 16.26% to ₹17,629 Crore. These figures are subject to a limited review by the bank's statutory central auditors.
Key Highlights
- Total business surged 27.27% YoY to ₹1,30,261 Crore.
- Advances grew 29.37% YoY to ₹60,715 Crore.
- Deposits increased 25.49% YoY to ₹69,546 Crore.
- CASA deposits rose 16.26% YoY to ₹17,629 Crore.
- Figures are provisional and subject to limited review.
Price Impact
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