TMB

March 6 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• TAMILNAD MERCANTILE BANK LTD REVISES ONE-YEAR MCLR TO 9.60% FROM 9.75%, EFFECTIVE MARCH 7

Source text: ID:nNSE43StKD

Further company coverage: TAMI.NS

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Oct 28 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• TAMILNAD MERCANTILE BANK SEPT-QUARTER NET PROFIT 3.03 BILLION RUPEES

• TAMILNAD MERCANTILE BANK SEPT-QUARTER GROSS NPA 1.37%

• TAMILNAD MERCANTILE BANK SEPT-QUARTER INTEREST EARNED 13.37 BILLION RUPEES

• TAMILNAD MERCANTILE BANK SEPT-QUARTER NET NPA 0.46%

Source text: [ID:]

Further company coverage: TAMI.NS

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** Tamilnad Mercantile Bank TAMI.NS jumps 3% in early trade

** Stock set for best day since late April

** India's central bank approved appointment of Salee Sukumaran Nair as MD, CEO of the bank for three years

** Nifty Small Cap 250 index .NISM250, which TAMI is a part of, is up 1.2%

** Still, TAMI is down 8% so far in 2024 vs 25% jump in NISM250

(Reporting by Nishit Navin)

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Aug 16 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• RBI APPROVES APPOINTMENT OF SALEE SUKUMARAN NAIR AS MD, CEO

Source text for Eikon: ID:nNSE3Py062

Further company coverage: TAMI.NS

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** Shares of Tamilnad Mercantile Bank TAMI.NS climb as much as 7.6%, last up 2.4% at 461.85 rupees

** Co's Q1 profit rose 10% YoY

** Rival IDBI Bank IDBI.NS also posted profit rise last month, which lifted its shares

** Nifty Bank index .NSEBANK, which TAMI is not part of, is down 2.9% as all stocks on the index fell

** Nifty Smallcap 250 index .NISM250, which includes TAMI, is down 4.4% amid broader market weakness .BO

** TAMI down ~9% YTD vs ~4% climb in NSEBANK, which is comprised of TAMI's peers and ~20% climb in NISM250

(Reporting by Varun Vyas in Bengaluru)

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June 18 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• FINALIZED NAMES OF 3 CANDIDATES, IN ORDER OF PREFERENCE, FOR POSITION OF MANAGING DIRECTOR AND CEO OF BANK

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June 7 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• RELIEVING OF OFFICE BY S.KRISHNAN AS MD, CEO

Source text for Eikon: ID:nNSEN70F7

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May 6 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• ONE YEAR MCLR RAISED TO 9.75% FROM 9.60% WITH EFFECT FROM MAY 7

Source text for Eikon: ID:nNSE22cwMt

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April 22 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• TAMILNAD MERCANTILE BANK MARCH-QUARTER NET PROFIT 2.53 BILLION RUPEES VERSUS 2.53 BILLION RUPEES

• TAMILNAD MERCANTILE BANK MARCH-QUARTER GROSS NPA 1.44% VERSUS 1.69% PREV QUARTER

• TAMILNAD MERCANTILE BANK MARCH-QTR NET NPA 0.85% VS 0.98% PREV QTR

• TAMILNAD MERCANTILE BANK MARCH-QUARTER INTEREST EARNED 12.54 BILLION RUPEES VERSUS 10.70 BILLION RUPEES

• TAMILNAD MERCANTILE BANK LTD - DIVIDEND 10 RUPEES PER SHARE

Source text for Eikon: [ID:]

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March 19 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• RBI: IMPOSED MONETARY PENALTY 13.2 MILLION RUPEES ON TAMILNAD MERCANTILE BANK

Source text for Eikon: [ID:]

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Feb 29 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• RBI APPROVED APPOINTMENT OF S.RAVINDRAN AS PART-TIME CHAIRMAN

Source text for Eikon: [ID:]

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Jan 22 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• TAMILNAD MERCANTILE BANK DEC-QUARTER NET PROFIT 2.84 BILLION RUPEES VERSUS 2.8 BILLION RUPEES

• TAMILNAD MERCANTILE BANK DEC-QUARTER INTEREST EARNED 12.29 BILLION RUPEES VERSUS 10.12 BILLION RUPEES

• TAMILNAD MERCANTILE BANK DEC-QUARTER PROVISIONS AND CONTINGENCIES 23.7 MILLION RUPEES VERSUS 329.2 MILLION RUPEES

• TAMILNAD MERCANTILE BANK DEC-QUARTER GROSS NPA 1.69% VERSUS 1.70% PREV QUARTER

• TAMILNAD MERCANTILE BANK DEC-QUARTER NET NPA 0.98% VERSUS 0.99% PREV QUARTER

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Oct 27 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• INDIA'S TAMILNAD MERCANTILE BANK SEPT-QUARTER NET PROFIT 2.74 BILLION RUPEES VERSUS 2.62 BILLION RUPEES

• TAMILNAD MERCANTILE BANK SEPT-QUARTER GROSS NPA 1.7% VERSUS 1.56% PREV QUARTER

• TAMILNAD MERCANTILE BANK SEPT-QUARTER INTEREST EARNED 12.09 BILLION RUPEES VERSUS 9.97 BILLION RUPEES

• TAMILNAD MERCANTILE BANK SEPT-QUARTER PROVISIONS AND CONTINGENCIES 232.9 MILLION RUPEES VERSUS 338.8 MILLION RUPEES

• TAMILNAD MERCANTILE BANK SEPT-QUARTER NET NPA 0.99% VERSUS 0.66% PREV QUARTER

Source text for Eikon: ID:nBSE92bnm

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Sept 28 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• CEO, MD S.KRISHNAN RESIGNS

Source text for Eikon: ID:nNSE7tRLrz

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July 24 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• INDIA'S TAMILNAD MERCANTILE BANK JUNE-QUARTER NET PROFIT 2.61 BILLION RUPEES VERSUS 2.34 BILLION RUPEES

• TAMILNAD MERCANTILE BANK JUNE-QUARTER GROSS NPA 1.56% VERSUS 1.39% PREV QUARTER

• TAMILNAD MERCANTILE BANK JUNE-QUARTER NET NPA 0.66% VERSUS 0.62% PREV QUARTER

• TAMILNAD MERCANTILE BANK JUNE-QUARTER INTEREST EARNED 11.56 BILLION RUPEES VERSUS 10.02 BILLION RUPEES

• TAMILNAD MERCANTILE BANK JUNE-QUARTER PROVISIONS AND CONTINGENCIES 390 MILLION RUPEES VERSUS 552.2 MILLION RUPEES

Further company coverage: TAMI.NS

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** Shares of Tamilnad Mercantile Bank TAMI.NS fall as much as 8.1% to 402.35 rupees, marking their worst intraday pct fall ever

** Stock touches lowest level since April 24, but has mostly pared losses and is last down ~3%

** According to media reports, the Income Tax department has said the bank has not filed a statement of financial transactions pertaining to cash deposits of over 27 bln rupees ($330.1 mln) involving more than 10,000 accounts

** Responding to the reports, the bank said a few specified financial transactions returns were not filed and certain errors or deficiencies were observed in few of the filed returns

** Nearly 300,000 shares change hands in early trading, 3.8x 30-day avg - Refinitiv data

** As of last close, stock down 8.5% YTD

($1 = 81.7850 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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June 27 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• INTELLIGENCE AND CRIMINAL INVESTIGATION DIRECTORATE OF INCOME TAX IS CONDUCTING A SPOT VERIFICATION AT HEAD OFFICE

• BUSINESS OPERATIONS OF BANK CONTINUED AS USUAL AND WERE NOT IMPACTED DUE TO VERIFICATION

• BANK IS CO-OPERATING WITH OFFICIALS DURING ONGOING PROCEEDINGS

Further company coverage: TAMI.NS

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June 7 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• REVISES ONE YEAR MCLR TO 9.50% FROM 9.40%, EFFECTIVE JUNE 7

Further company coverage: TAMI.NS

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** Shares of Tamilnad Mercantile Bank TAMI.NS rise as much as 6.09%, most intraday gain in nearly five months since December 1, 2022

** Private sector lender reported rise in net profit and interest income in the March quarter during market hours on Monday; TAMI gained 1.04% in the previous session

** Lender says it clocked highest ever net profit, operating profit and net interest income in FY2023

** About 195,090 shares change hands as of 10:45 a.m. IST, nearly twice the 30-day avg of 106,244 shares - Refinitiv data

** The MACD (moving average convergence divergence) line has been above signal line since April 12, suggesting bullish momentum

(Reporting by Bharath Rajeswaran in Bengaluru)

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April 24 (Reuters) - Tamilnad Mercantile Bank Ltd TAMI.NS:

• MARCH-QUARTER NET PROFIT 2.53 BILLION RUPEES VERSUS 2.27 BILLION RUPEES

• MARCH-QUARTER INTEREST EARNED 10.7 BILLION RUPEES VERSUS 9.86 BILLION RUPEES

• MARCH-QUARTER PROVISIONS AND CONTINGENCIES 571.8 MILLION RUPEES VERSUS 1.46 BILLION RUPEES

• RECOMMENDED PAYMENT OF FINAL DIVIDEND OF 5 RUPEES PER SHARE

Further company coverage: TAMI.NS

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