News

Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 27 July 2026.

Tamilnad Mercantile Bank announced that the Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank will be revised with effect from 07 July 2026 as detailed below: Overnight - 7.70%One month - 7.70%Three month - 8.40%Six month - 8.95% One year - 9.35%

Tamilnad Mercantile Bank announced that the 104th Annual General Meeting(AGM) of the bank will be held on 14 July 2026.

Tamilnad Mercantile Bank is opening a new branch at Tirur, Malapuram District in Kerala on 21 May 2026.

Tamilnad Mercantile Bank announced that the Board of Directors of the Company at its meeting held on 27 April 2026, inter alia, have recommended the final dividend of Rs 12.5 per equity Share (i.e. 125%) , subject to the approval of the shareholders.