Tamilnad Mercantile Bank Ltd. (TMB) — Tipsheet https://tipsheet.markets/company/tmb/ Every Tipsheet Editorial note covering Tamilnad Mercantile Bank Ltd. (TMB), newest first. Grounded in BSE/NSE primary-source filings. en-in Mon, 06 Jul 2026 10:22:49 GMT TMB advances jump 27% YoY, total business crosses ₹1,21,715 cr https://tipsheet.markets/tmb-tmb-advances-jump-27-yoy-total-business-crosses-1-21-715-cr-118049/ https://tipsheet.markets/tmb-tmb-advances-jump-27-yoy-total-business-crosses-1-21-715-cr-118049/ Wed, 01 Jul 2026 17:30:40 GMT Provisional Q1 figures show strong loan growth and deposit accretion, though CASA slips 2.95% sequentially. Audited results due later. Provisional Q1 figures show strong loan growth and deposit accretion, though CASA slips 2.95% sequentially. Audited results due later.

What’s new

  • Total business at ₹1,21,715 crore, up 23.04% YoY and 5.76% QoQ.
  • Advances rose 27.01% YoY to ₹57,306 crore; deposits grew 19.71% to ₹64,409 crore.
  • CASA balances up 16.94% YoY but fell 2.95% from March 2026.

Why it matters

For a mid-cap bank with a market cap of ₹11,601 crore, a 27% advance growth signals strong credit demand and execution. The sequential CASA dip is a minor soft spot; the business growth momentum remains solid.

What we’re watching

  • Audited results for final NIM and asset quality data.
  • Whether CASA ratio stabilises or rebounds next quarter.
  • Any guidance on FY27 loan growth trajectory.

The full read

Advances surged 27% YoY to ₹57,306 crore; deposits climbed 20% to ₹64,409 crore. The sequential dip in CASA, while a minor soft spot, does little to detract from a quarter where advances grew by over a quarter and deposits by a fifth — a combination that signals both strong credit demand and healthy liability traction. That's hard to argue with. Audited numbers will reveal the full picture on margins and asset quality.

Primary source: BSE · NSE

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