Tamilnad Mercantile Bank Q2 Result: Growth Returns, Net Profit at ₹318 crore, Advances Surge 14-15%　 #ETNOW

Tamilnad Mercantile Bank posts a net profit of ₹318 crore in Q2 FY26, up ~5% YoY, backed by strong asset quality and lower provisions. The bank guides advances growth of 14-15% and deposit growth of 12-13% for the year, with NIM expected to hold around 3.85%. Management says the growth story is firmly back.

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