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TMB PROFIT GROWTH
Tamilnad Mercantile Bank Q2 profit up 5% as lower provisions aid earningsTamilnad Mercantile Bank posted a 5% rise in Q2FY26 net profit to Rs 318 crore, aided by sharply lower provisions. Asset quality improved, ...- Tamilnad Mercantile Bank Q1 Results: Net profit up 6% to Rs 305 crore on lower provisionsTamilnad Mercantile Bank reported a 6% YoY rise in Q1 net profit to ₹305 crore, aided by sharply lower provisions, despite a 12% fall in op...
- Tamilnad Mercantile Bank Q1 Results: Net profit rises 10% to Rs 287.29 croreTamilnad Mercantile Bank saw a 9.97% rise in net profit for April-June 2024, with Rs 287.29 crore. The increase was attributed to higher in...
- FD interest rate up to 9.5%: Banks offering highest FD interest rates for senior citizen investorsBest senior citizen FDs: Seniors can increase the growth of their savings at a higher rate with senior citizen FD rates without having to t...
- NIM pressure leads to flat Q3 profit at TMBTotal provisions in the December quarter fell to ₹2.4 crore from ₹33 crore a year earlier. The gross non-performing assets ratio remained s...
- Tamilnad Mercantile Bank Q3 Results: Net profit remains flat at Rs 284 crorePrivate sector lender Tamilnad Mercantile Bank's net profit remained flat at Rs 284 crore in the December quarter despite a massive growth ...
- For moderate risk takers with a long term perspective ? 5 midcap stocks from different sectors with the right financial matrixLast week, the correction started with a private sector bank leading the fall. However, the very next trading session there was a sharp cor...
- For calibrating and diversifying risks? 6 midcap stocks from different sectors with the right financial matrixAs the Dalal street continues to be in party mode, staying bullish would appear to be the most logical thing at this point of time. Why fig...
- TMB jumps over 7% after RBI authorisation to undertake govt business“RBI has authorised TMB for undertaking Government Business on behalf of RBI. Agreement has been signed by the bank with RBI at Mumbai for ...
- RBI authorises Tamilnad Mercantile Bank to undertake government businessTMB is one of the oldest private sector banks with a history of over 100 years, having been established in 1921 as Nadar Bank. The bank off...
- Tamilnad Mercantile Bank Q2 Results: Profit jumps 37% YoY to Rs 262 croreGross non-performing assets (NPAs) were reduced to 1.70 per cent of gross advances as of September 30, 2022 from 3.31 per cent by the end o...
- Tamilnad Mercantile Bank IPO kicks off: Should you subscribe?Most analysts said the asking valuations are attractive when compared with peers, but the bank’s future growth would be subject to pending ...
- Tamilnad Mercantile planning IPO in Q3Tamilnad Mercantile made a net profit of Rs 181 crore in the quarter ended March 2021 from Rs 164 crore a year earlier, a growth of 10%.
- Tamilnad Mercantile Bank Q3 results: Standalone profit zooms to Rs 181 crThe Tamil-Nadu based bank had recorded a net profit at Rs 92.42 crore in the corresponding quarter of the previous year.
- Tamilnad Mercantile Bank ranked best among old private sector banksTamilnad Mercantile Bank has been ranked as the best among old private sector banks. E & Y was the knowledge partner to Financial Express i...
- Once labelled a 'deserter', S Ashok is helping Nadars regain control of Tamilnad Mercantile BankSeventeen years ago, S Ashok became an outcast among the Nadars when he sold his 18% equity in the community-owned Tamilnad Mercantile Bank...
- Ownership squabbles have not affected usWith strong fundamentals and a loyal customer base, Tamilnad Mercantile Bank is poised to achieve the long-term goals of Rs 50,000 crore of...
- ‘We can grow only if customers trust us’Ing Group, the Netherland-based financial giant has interests in a variety of segments, be it banking, insurance, asset management or pensi...
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