Tamilnad Mercantile Bank Capacity Expansion
Tamilnad Mercantile Bank Limited will open a new branch in Thiruvottiyur, Tamil Nadu. The branch is scheduled to commence operations on August 27, 2026.
ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
33 announcements
Tamilnad Mercantile Bank Limited will open a new branch in Thiruvottiyur, Tamil Nadu. The branch is scheduled to commence operations on August 27, 2026.
TMB reported record Q1 FY27 results with 23% business growth and an all-time high net profit of INR 412 Cr. Strategy focuses on loan book diversification and digitization.
Tamilnad Mercantile Bank delivered record quarterly results for Q1 FY27, characterized by 23% total business growth and the highest ever net profit in its 105-year history.
Tamilnad Mercantile Bank reported Q1 FY27 results, showing strong growth in business, deposits, and profitability. Net profit surged 34.97% YoY to ₹411.51 crore.
TMB reported robust Q1FY27 performance with Net Profit rising 34.97% YoY to ₹412 Cr. Strategy focuses on 'RAM' advances and maintaining industry-leading capital adequacy at 32.33%.
Tamilnad Mercantile Bank Ltd reported revenue from operations of ₹1,662 Cr (+19.9% YoY) and net profit of ₹411.5 Cr (+35.0% YoY) for Q1 FY27.
Tamilnad Mercantile Bank Limited has transitioned to a new email domain, '@tmb.bank.in', in compliance with RBI guidelines. The old domain remains active for 30 days.
Appellate Tribunal reduced Tamilnad Mercantile Bank's FEMA penalty from ₹17 Crore to ₹3.40 Crore. The bank expects a ₹13.60 Crore refund from the Enforcement Directorate.
Tamilnad Mercantile Bank's FEMA penalty was reduced from Rs.17 Crore to Rs.3.40 Crore. The bank is eligible for a Rs.13.60 Crore refund of deposited amounts.
Tamilnad Mercantile Bank announced that the SAFEMA Appellate Tribunal dismissed an ED appeal regarding share confiscation. The ruling pertains to alleged FEMA violations with no material financial impact.
Tamilnad Mercantile Bank concluded its 104th AGM. Shareholders approved a ₹12.50 per share dividend and the re-appointment of directors and statutory auditors.
Tamilnad Mercantile Bank shareholders approved the re-appointment of Thiru.C.Chiranjeeviraj as Non-Executive Independent Director. His second term runs from July 2026 to October 2028.
Tamilnad Mercantile Bank scheduled a board meeting on July 27, 2026. The board will consider un-audited financial results for the quarter ended June 30, 2026.
Tamilnad Mercantile Bank shared business updates for June 2026. Total business grew by 23.04% year-on-year to reach ₹1,21,715 Crore.
Tamilnad Mercantile Bank is opening a new branch at CBD Belapur, Navi Mumbai. The branch is scheduled to open on June 30, 2026.
CRISIL reaffirmed TMB's credit ratings on fixed deposits, short-term deposits, and CDs. The stable outlook reflects continued credit strength.
Tamilnad Mercantile Bank revised its MCLR across various tenors effective June 7, 2026. This adjustment reflects the bank's updated cost of funds and impacts lending yields.
Tamilnad Mercantile Bank promoted Mr. T. Arunmolian to Vice President, Head of Legal. Effective June 1, 2026, this internal leadership elevation strengthens the bank's senior management.
Tamilnad Mercantile Bank scheduled its 104th AGM for July 14, 2026. The board also fixed June 12, 2026, as the record date for dividend payments.
Tamilnad Mercantile Bank Limited is opening a new branch in Okkur, Tamil Nadu on May 29, 2026. This move expands the bank's regional operational presence.
Tamilnad Mercantile Bank submitted its Annual Secretarial Compliance Report for the financial year 2026. This mandatory regulatory filing provides a detailed overview of governance compliance.
Tamilnad Mercantile Bank will open a new branch in Tirur, Kerala on May 21, 2026. This expansion broadens the bank's operational reach and presence.
Tamilnad Mercantile Bank received a rectification order reducing its income tax demand to ₹2.93 Crore. This revision significantly lowers the bank's potential tax liability.
TMB reported strong FY26 results with Net Profit reaching ₹1,338 Cr and NIM at 3.98%. The bank is undergoing a leadership-led transformation focused on digital expansion and MSME growth.
TMB reported record Q4FY26 PAT of ₹373.65 Cr and 17.37% YoY business growth, driven by ex-SBI leadership transformation and strong asset quality (GNPA 0.73%).
TMB reported a strong Q4 FY26 with net profit rising 28% YoY to ₹373.65cr. Strategy focuses on CASA growth and MSME expansion while maintaining high asset quality.
Tamilnad Mercantile Bank reported its highest-ever quarterly profitability, with FY26 Net Profit surging 13.10% to ₹1337.55 Crore. The bank expanded its footprint by opening 44 new branches during the year. Key metrics improved, with Net NPA falling to 0.18% and CRAR rising to 33.73%. A final dividend of ₹12.50 per share was recommended.
Tamilnad Mercantile Bank (TMB) significantly outperformed its FY26 guidance across all key metrics, driven by aggressive gold loan growth and core business transformation despite rising industry-wide deposit challenges.
TMB reported robust FY26 results with Net Profit of ₹1,337.55cr (up 13.1% YoY) and Net Interest Income of ₹2,527.27cr. Strategy focuses on RAM segment growth and digital transformation.
Tamilnad Mercantile Bank Limited has recommended a final dividend of ₹12.50 per equity share for the 2025-2026 financial year. The record date and General Meeting date for shareholder approval will be announced in due course. This distribution marks a significant return to shareholders based on the bank's annual performance.