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Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs).
Tamilnad Mercantile Bank has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. Key highlights include a total income of ₹1519.94 crore, with net profit at ₹300.24 crore, reflecting strength in retail and corporate banking operations. The bank maintains a...