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Tamilnad Mercantile Bank profit jumps 28% as growth and margins improve sharply

Economy
Published on 27 April 2026
Tamilnad Mercantile Bank profit jumps 28% as growth and margins improve sharply

Asset quality improved even as lending and deposits rose

Tamilnad Mercantile Bank has reported a 28% jump in Q4 profit, supported by stronger business growth, higher income and improved margins. Advances and deposits rose steadily, while asset quality strengthened—signaling healthier balance-sheet performance. The bank’s results point to robust operational execution and continued expansion across both lending and deposit segments.

  • Q4 profit rose 28% on stronger growth
  • Income increased alongside improved margins
  • Advances and deposits grew steadily
  • Asset quality strengthened, indicating better risk health
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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