Tamilnad Mercantile Bank Limited — Updates, 25-07-2025: Press Release

Tamilnad Mercantile Bank reported its highest-ever quarterly net profit, rising 6.27% to ₹305 Cr. Asset quality significantly improved, with Gross NPA down to 1.22% and Net NPA to 0.33%. Deposits grew 9.38% to ₹53,803 Cr, while advances increased 10.44% to ₹45,120 Cr. The bank's strong CRAR at 31.55% and rising Book Value reflect robust financial health. Strategically, TMB opened 7 new branches and launched digital initiatives like Oracle CX, VMS, and BPM to enhance efficiency and customer experience.