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    ALPHA TRIBE

    Tamilnad Mercantile Bank Limited — Updates, 18-06-2026: General Updates

    18-06-2026 | 07:31 pm

    Tamilnad Mercantile Bank incurred ₹0.45 Cr in fines, mainly from RBI for ATM issues and UPI charges. Positively, customer complaints for essential services decreased significantly. The bank enhanced ESG efforts, improving water, energy, and GHG intensities, also deploying solar power. It sources 90% from MSMEs locally.

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