TMB
Tamilnad Mercantile Bank Limited
NSELast Traded Price
₹878
-0.2 (-0.02%)
Open
₹880
High
₹886.95
Low
₹868.05
Prev Close
₹878.2
Industry
Private Sector Bank
Market Cap
13844.67 Cr
Filing History
Recent corporate announcements and filings for TMB
Business Update
Neutral
2026-10-09 13:30
- Tamilnad Mercantile Bank Limited has informed about the opening of a new branch.
- Branch Name: Kadambur
- Address: Railway station road, Kadambur, Kovilpatti Tk, Thoothukudi District, Tamilnadu - 628 714
- Date of Opening: 12.10.2026
Business Update
Neutral
2026-10-09 11:44
Concall Schedule
Concall Date: Monday, October 26, 2026
Concall Time: 05:00 P.M. (IST)
Business Update
Neutral
2026-10-07 17:45
- Tamilnad Mercantile Bank Limited has announced a revision in its Repo Linked Lending Rate (RLLR).
- The RLLR is revised from 8.25% to 8.50%.
- The new lending rate is effective from October 8, 2026.
Business Update
Positive
2026-10-05 19:07
- India Ratings & Research has assigned an Issuer Rating of 'IND AA-' with a Stable outlook to Tamilnad Mercantile Bank Limited.
- The rating is supported by improving profitability buffers, strong capital adequacy (CET1 ratio at 31.3% in 1QFY27), a stable and granular retail deposit franchise, and improving asset quality with declining GNPAs.
- Key constraints include a modest loan book size relative to peers, high geographic concentration in Tamil Nadu, and ongoing legacy share transfer disputes.
Governance
Neutral
2026-10-01 22:19
- RBI extended the tenure of Thiru.C.S.Ram Kumar as Additional Director for two years from October 04, 2026 to October 03, 2028.
- RBI appointed Thiru.R.Kannan as Additional Director for two years from October 04, 2026 to October 03, 2028, replacing Thiru.Visvanathan Srinivasan.
- Thiru.Visvanathan Srinivasan ceases to be a Director with effect from October 04, 2026.
Business Update
Positive
2026-10-01 13:07
- Tamilnad Mercantile Bank reported provisional business figures for the quarter ended 30th September, 2026.
- Total Business grew by 27.27% YoY to ₹1,30,261 Cr compared to ₹1,02,351 Cr in Q2 FY26.
- Total Advances increased by 29.37% YoY to ₹60,715 Cr.
- Total Deposits rose by 25.49% YoY to ₹69,546 Cr.
- CASA deposits stood at ₹17,629 Cr, marking a 16.26% YoY growth.
Business Update
Positive
2026-09-29 14:16
- Tamilnad Mercantile Bank Limited has announced the opening of two new branches.
- Chinnampalayam branch in Coimbatore District, Tamilnadu, scheduled to open on 30.09.2026.
- Vellalore branch in Coimbatore District, Tamilnadu.
Ownership
Neutral
2026-09-22 10:56
- Trading window for Tamilnad Mercantile Bank Limited's designated persons closes from October 01, 2026.
- Closure is until 48 hours post announcement of unaudited financial results for the quarter and half year ending September 30, 2026.
Business Update
Neutral
2026-09-17 16:07
- Investor Meet Schedule
- Meet Date: September 24, 2026
- Meet Time: 10:30 A.M. – 11:30 A.M.
- Participant: Rainier Fund (One to One, Virtual)
Business Update
Neutral
2026-09-15 14:09
- Concall Schedule
- Concall Date: September 18, 2026
- Concall Time: 11:30 A.M. – 12:30 P.M.
Business Update
Neutral
2026-09-09 13:44
- Concall Schedule
- Concall Date: September 29, 2026
- Concall Time: 12:00 Noon
- Conference Name: Arihant Bharat Connect Conference Rising Star
- Type of Interaction: Group Meet
- Mode of Meeting: Virtual
Business Update
Positive
2026-08-26 15:19
- Tamilnad Mercantile Bank is opening a new branch at Thiruvottiyur, Tamilnadu.
- The new branch will commence operations on August 27, 2026.