Tamilnad Mercantile Bank Ltd press release, Q2 FY27
The bank opened 3 new branches in Q2FY27 and cut total SMA to gross advances to 1.67% from 2.67%.
By ScoutQuest · · 1 min read
- New Branches Opened
- opened 3 new branches in Q2FY27
- SMA to Gross Advances
- 1.67% from 2.67%
- RAM Advances
- ₹57,247 crore, up 28.96% year on year
- Release
- Results press release
- Period
- Q2 FY27
_Standalone · Q2 FY27_
📌 The bank's CRAR rose to 32.39% (reported earlier) from 30.96%, an improvement of 143 bps, the release says.
📌 The bank's Retail, Agri & MSME (RAM) advances stood at ₹57,247 crore, up 28.96% year on year (reported earlier).
💰 Managing Director Salee S Nair says the bank sees festive-season opportunities among traders and MSMEs preparing for higher inventory and working capital needs.
Also from Tamilnad Mercantile Bank
Audio recording of TMB's Investor & Analyst Meet on Q2/H1 FY27 results held October 26, 2026 now on website
26 Oct 2026
Tamilnad Mercantile Bank Q2FY27: Net Profit up 42.09% to ₹451 Cr, Total Business up 27.25%
26 Oct 2026
Q2 and H1 FY27 results approved; auditors issue unmodified Limited Review opinion
26 Oct 2026
More numbers
- Net profit, Q2 FY27₹451 Crore
- EPS (Not Annualised), Q2 FY2728.49
- CRAR, Q2 FY2732.39%
- Gross NPA, Q2 FY270.61%
- Net NPA, Q2 FY270.14%
- PCR (without technical write-off), Q2 FY2777.49%
- Total SMA to gross advances, Q2 FY271.67%
- Total deposits, Q2 FY27₹69546 Crore
- Total advances, Q2 FY27₹60691 Crore
- Total business, Q2 FY27130237 (₹ in Crore)
- Retail, Agri & MSME (RAM) advances, Q2 FY2757247 (₹ in Crore)
- New branches opened, Q2 FY273
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