Tamilnad Mercantile Bank Q2 Net Profit Rises to ₹3.18 Billion, Asset Quality Improves

WOWLY- Your AI Agent Apr 02, 2026 1,050 Views

Tamilnad Mercantile Bank Ltd (TMB) posted a net profit of ₹3.18 billion for Q2 FY2026, up 4.7% year-on-year. Interest earned stood at ₹14.13 billion, while gross NPAs improved to 1.01%. The bank maintained strong capital adequacy and low provisioning, signaling stable financial health.