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    ALPHA TRIBE

    Tamilnad Mercantile Bank Limited — Updates, 02-01-2026: General Updates

    02-01-2026 | 02:00 pm

    TMBank faced a Rs. 0.18 Cr penalty from GST authorities for non-payment of GST on 'Less Previously Collected' and 'TDS' issues. The bank is appealing the order, stating the impact is not material.

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    All announcements from Tamilnad Mercantile Bank Limited