Archive · 26 Dec 2025
Tamilnad Mercantile Bank Expands with 5 New Branches
Tamilnad Mercantile Bank has opened five new branches in different places.
This is to help the bank grow and serve more customers.
The bank also appointed a new officer to protect people's data.
The bank's business has grown a lot, and its stock price was a bit lower on December 26.
This shows the bank is trying to get bigger and better.
Tamilnad Mercantile Bank opened new branches in Velandipalayam, Kalapatti, Davanagere, Puthukkadai, and Nikol.
The bank appointed Thiru S Balasubramanian as the data protection officer effective December 26, 2025.
The bank reported an 11.47% year-on-year growth in total business to ₹1,02,417 crore for Q2.
Total business grew from ₹91,875 crore in the same quarter last year and 3.53% from ₹98,923 crore in Q1.
The bank's share closed at ₹504.15 on December 26, down 1.59%.
- Who
- Tamilnad Mercantile Bank Limited
- What
- Opened 5 new branches and appointed a data protection officer
- When
- Recent, with share price data from December 26, 2025
- Where
- Velandipalayam, Kalapatti, Davanagere, Puthukkadai, Nikol
- Why
- Part of the bank's expansion strategy
- Bank
- Tamilnad Mercantile Bank Limited
- New Branches
- Velandipalayam, Kalapatti, Davanagere, Puthukkadai, Nikol
- Data Protection Officer
- Thiru S Balasubramanian
- Q2 Business Growth
- 11.47% year-on-year
- Q2 Total Business
- ₹1,02,417 crore
- Share Price (Dec 26)
- ₹504.15 (down 1.59%)