Tamilnad Mercantile Bank Ltd - 543596 - Revision In Repo Linked Lending Rate (RLLR) Of The Bank
Tamilnad Mercantile Bank Limited has informed the Exchange regarding ''Revision in Repo Linked Lending Rate (RLLR) of the Bank''.29-04-2023
29-04-2023
Tamilnad Mercantile Bank Ltd - 543596 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Tamilnad Mercantile Bank Limited has informed the Exchange about Transcript of the Investor & Analyst Meet - Q4 Results29-04-2023
Tamilnad Mercantile Bank Ltd - 543596 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Tamilnad Mercantile Bank Limited has informed the Exchange about Loss of Share Certificates27-04-2023
Tamilnad Mercantile Bank Ltd - 543596 - Tamilnad Mercantile Bank Limited Has Informed The Exchange Regarding ''Outcome Of The Board Meeting Held On April 24, 2023''.
Outcome of the Board Meeting held on April 24, 202327-04-2023
Tamilnad Mercantile Bank Ltd - 543596 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Tamilnad Mercantile Bank Limited has informed the Exchange about the Copy of Newspaper Publication on Audited Financial Results of the Bank for quarter and financial year ended March 31, 202326-04-2023
Tamilnad Mercantile Bank Ltd - 543596 - Half-Yearly Disclosure Of Related Party Transactions For The Period Ended March 31, 2023 Under Regulation 23(9) Of SEBI (Listing Obligations And Disclosure Requirement) Regulations, 2015
Pursuant to Regulation 23(9) of the Listing Regulations, we attach herewith half-yearly disclosure of Related Party Transactions for the period ended March 31, 2023. This is for your information and appropriate dissemination.25-04-2023
Tamilnad Mercantile Bank Ltd - 543596 - Tamilnad Mercantile Bank Limited Has Informed The Exchange About Link Of Recording
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the recording of the Investor & Analyst meet held on April 24, 2023 on Audited Financial Results for the quarter and financial year ended March 31, 2023, has been made available on the website of the Bank under following link: https://tmb.in/financial-reports.aspx This is for your information and records.25-04-2023
Tamilnad Mercantile Bank Ltd - 543596 - Tamilnad Mercantile Bank Limited Has Informed The Exchange About Statement Of Deviation(S) Or Variation(S) Under Reg. 32
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, we hereby confirm that for the quarter and year ended March 31, 2023, there is no deviation or variation in the utilisation of proceeds of the IPO and the full amount has been utilized for the objects stated in the Prospectus dated September 09, 2022. A statement of deviation or variation in utilisation of funds raised through ''IPO'' for the quarter ended March 31, 2023, duly reviewed by the Audit Committee of the Bank at its meeting held on April 24, 2023, is enclosed herewith.25-04-2023
FY23 Annual & Q4FY23 Quarterly Result Announced for Tamilnad Mercantile Bank Ltd.
Tamilnad Mercantile Bank announced FY23 & Q4FY23 results: FY23: The Bank’s deposit has increased to Rs 47,766 crore in FY23 vs Rs 44,933 crore in FY22 The advance level of the Bank has increased to Rs 37,582 crore with a growth rate of 11.36 % The Operating Profit is at Rs 1,573 crore as in FY23 as against Rs 1,516 crore for Q4FY22 The Net Profit is at Rs 1,029 crore for FY23 as against Rs 822 crore for FY22 registering the growth rate of 25.18% The Net Interest Income (NII) has increased to Rs 2,094 in FY23 (Rs 1,815 crore in FY22) registering a growth rate of 15.37% Return on Asset at 1.97 % & Return on Equity at 16.78 % (PY 1.66 % and 16.58 % respectively) The Bank’s Net worth increased to 6,928 crore in FY23 (Rs 5,336 crore in FY22) with an absolute rise of Rs 1,592 crore registering a growth rate of 29.84 % The Gross NPA as a percentage of total advances stood at 1.39 % and the net NPA stands at 0.62 %. (PY 1.69% and 0.95 % respectively) Provision Coverage Ratio of the Bank increased to 90.90 % (PY 87.92 %) Q4FY23: During Q4FY23 – CASA increased by 6.88% Q3FY23 During Q4FY23 the total deposits increased by 11.25% over Q3FY23 & by 8.97% over the Q4FY22 While the advances of the Bank increased by about 8% during Q4FY23 over the position as in Q3FY23, it increased by 11.36% over the position as on Q4FY22 The net interest income during the Q4FY23 increased by 7.99% over Q4FY22 The Net Profit of Rs 253.05 crore for Q4FY23 is higher by 11.45% of the net profit during Q4FY22 Board of Directors have recommended a dividend of 100% (of which 50% has already been paid in Mar’23 as interim dividend) Result PDF25-04-2023
Tamilnad Mercantile Bank Ltd - 543596 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Tamilnad Mercantile Bank Limited has informed the Exchange regarding a press release dated April 24, 2023, titled "Audited Financial Results for the quarter and financial year ended March 31, 2023"24-04-2023