Announced Thu, 1 Jan · 14:28 IST

Tamilnad Mercantile Bank Limited has informed the Exchange about Provisional Business Figures of the Bank as on 31st December, 2025

Business Updates View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tamilnad Mercantile Bank has reported its provisional business numbers for the third quarter of FY26. Total business grew 14.28% year-on-year to ₹1,07,470 crore, crossing the ₹1 lakh crore mark. Total advances (loans) rose 16.30% to ₹50,763 crore, outpacing deposit growth of 12.53% which stood at ₹56,707 crore. Low-cost CASA deposits also grew strongly at 14.93% to ₹15,847 crore. The figures are unaudited and provisional, subject to limited review by statutory auditors.

Likely market impact

Strong double-digit growth across loans, deposits, and CASA reflects healthy business momentum and is generally positive for shareholder sentiment, though these are provisional numbers pending full quarterly results.