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Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income. The lender also posted improved margins, stronger asset quality and robust growth in advances and deposits.
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economictimes.indiatimes.com
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income. The lender also posted…
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thehindubusinessline.com
Tamilnad Mercantile Bank Q1 net profit up 35% at ₹412 crore on core business growth
Tamilnad Mercantile Bank reports a 35% rise in Q1 net profit to ₹412 crore, driven by retail and agri loan growth.
