Tamilnad Mercantile Bank Limited — Important, 02-07-2025: General Updates

Tamilnad Mercantile Bank has announced a board meeting to review the financial results for the quarter and half-year. The bank reported 9.38% growth in total deposits to ₹53,803 Cr and a 10.44% rise in gross advances to ₹45,120 Cr. CASA deposits increased by 4.51% to ₹14,411 Cr, driving a 9.86% growth in total business to ₹98,923 Cr, indicating healthy expansion in core banking operations.