Tamilnad Mercantile Bank Ltd News
MSMEs have made loan requests worth ₹650 cr under ECLGS 5.0: Salee S Nair
In Q4, the bank reported NIM of over 4 per cent largely because, in anticipation of higher deposit costs, we repriced advances earlier
 "MSMEs have made loan requests worth ₹650 cr under ECLGS 5.0: Salee S Nair")
Tamilnad Mercantile Bank net profit jumps 28% on core income growth
The Tamilnad Mercantile Bank (TMB) on Monday reported a 28 per cent rise in its net profit to Rs 373.65 crore in the last quarter of FY2025-26, helped by an expansion in the net interest margin. The bank had reported a net profit of Rs 291.90 crore in the same quarter of the last fiscal. "For the first time, we are seeing the core business, the core business of deposits, deposit taking and lending, is driving the profit. This has resulted in the net interest income going up 24 per cent," Salee S Nair, managing director and chief executive officer of the bank, said. The core net interest income rose 24.04 per cent year-on-year to Rs 704.45 crore in Q4FY26, from Rs 567.92 crore in a similar quarter a year ago. In the reporting quarter, net interest margins (NIM) of the bank improved to 4.18 per cent, from 4.04 per cent in a quarter ago period, and 3.91 per cent in a year ago period, while the advances grew over 20 per cent. The bank is targeting to maintain the advances growth in FY
 "Tamilnad Mercantile Bank net profit jumps 28% on core income growth")
Tamilnad Mercantile Bank zooms 13% to hit 52-Week high on steady Q4 results
The bank also announced that its board of directors had recommended a final dividend of ₹12.50 per equity share (125 per cent of the face value of ₹10 each) for the financial year 2025-26
 "Tamilnad Mercantile Bank zooms 13% to hit 52-Week high on steady Q4 results")
Tamilnad Mercantile Bank adopts Oracle Fusion Cloud to boost efficiency
The private sector lender says Oracle Fusion Cloud Applications have helped unify finance, HR and customer experience operations, driving automation, productivity gains and cost savings
TMB Q3 results: Net profit up 14% at ₹342 crore, asset quality improves
Tamilnad Mercantile Bank posts record ₹342 crore Q3 FY26 profit, driven by strong business growth, improved asset quality and rising MSME and retail lending
 "TMB Q3 results: Net profit up 14% at ₹342 crore, asset quality improves")