Tamilnad Mercantile Bank Q2 Net Profit Hits Record ₹451 Crore
The bank said strong net interest income growth and improving asset quality supported the record quarterly profit. Total business growth was its fastest in 18 years.
Tamilnad Mercantile Bank reported its highest-ever quarterly net profit in the September quarter, supported by strong growth in net interest income and continued improvement in asset quality. The lender also recorded its fastest year-on-year total business growth in 18 years, according to its Q2 FY…