Tamilnad Mercantile Bank Ltd

Fri 10/07/2026,15:50:15 | NSE : TMB

₹801.6032.40 (4.21%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 777.00

Previous Close

₹ 769.20

Volume

342476

Mkt Cap ( Rs. Cr)

₹12693.45

High

₹ 807.95

Low

₹ 772.55

52 Week High

₹ 807.95

52 Week Low

₹ 411.80

Book Value Per Share

₹ 638.46

Dividend Yield

1.56

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Tamilnad Mercantile Bank Ltd

Your Vote -

Buy

92.59%

Hold

3.70%

Sell

3.70%

92.59%

27 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

801.60

476

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Bid Total

476

Bid Price

Qty

0.00

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Bid Total

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Option Chain

Analyzes market sentiment, predicts Tamilnad Mercantile Bank Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Tamilnad Mercantile - General Updates

    6 Jul 2026, 12:19PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Revision in Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank

  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - Revision In Marginal Cost Of Funds Based Lending Rate (MCLR)

    6 Jul 2026, 12:27PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Revision in Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank

  • Tamilnad Mercantile - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    3 Jul 2026, 1:21PM Tamilnad Mercantile Bank Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • Tamilnad Mercantile - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    3 Jul 2026, 1:05PM Tamilnad Mercantile Bank Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  • Tamilnad Mercantile - General Updates

    1 Jul 2026, 5:24PM Tamilnad Mercantile Bank Limited has informed the Exchange about Provisional Business Figures of the Bank as on 30th June, 2026

  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - General Updates

    1 Jul 2026, 5:29PM Tamilnad Mercantile Bank Limited has informed the Exchange about Provisional Business Figures of the Bank as on 30th June, 2026

  • Tamilnad Mercantile - General Updates

    29 Jun 2026, 7:09PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding ""Opening of New Branch""

  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - \Opening Of New Branch\

    29 Jun 2026, 7:05PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding \Opening of New Branch\

  • Tamilnad Mercantile - Trading Window

    22 Jun 2026, 6:39PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regu

  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - \Opening Of New Branch\

    20 Jun 2026, 7:19PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding \Opening of New Branch\

  • Tamilnad Mercantile - General Updates

    20 Jun 2026, 7:05PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding ""Opening of New Branch""

  • Tamilnad Mercantile - Copy of Newspaper Publication

    19 Jun 2026, 6:03PM Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication regarding 104th Annual General Meeting of the Bank, e-V

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Meeting Updates

    18 Jun 2026, 7:37PM Tamilnad Mercantile Bank Limited has informed the exchange regarding Notice of the 104th Annual General Meeting to be held on Tuesday, July 14, 2026 a

  • Tamilnad Mercantile - General Updates

    18 Jun 2026, 7:32PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 .

  • Tamilnad Mercantile - Business Responsibility and Sustainability Reporting (BRSR)

    18 Jun 2026, 7:32PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report (BRSR) for the FY 2025-26'

  • Tamilnad Mercantile - Reg. 34 (1) Annual Report.

    18 Jun 2026, 7:22PM Tamilnad Mercantile Bank Limited has informed the exchange regarding Annual Report for the FY 2025-2026

  • Tamilnad Mercantile - Shareholders meeting

    18 Jun 2026, 7:10PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Notice of the 104th Annual General Meeting to be held on Tuesday, July 14, 2026 a

  • Tamilnad Mercantile - Notice Of The 104Th Annual General Meeting Of The Bank To Be Held On Tuesday, July 14, 2026 At 11:00 A.

    18 Jun 2026, 7:10PM Tamilnad Mercantile Bank Limited has informed the exchange regarding Notice of the 104th Annual General Meeting to be held on Tuesday, July 14, 2026 a

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Credit Rating

    11 Jun 2026, 8:06PM Tamilnad Mercantile Bank Limited has informed the Exchange about Credit Rating

  • Tamilnad Mercantile - Credit Rating

    11 Jun 2026, 8:02PM Tamilnad Mercantile Bank Limited has informed the Exchange about Credit Rating

  • Tamilnad Mercantile - Copy of Newspaper Publication

    9 Jun 2026, 5:23PM Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication for the launch of second 100 Days Campaign ""Saksham Ni

  • Tamilnad Mercantile has declared 125% Final dividend for the financial year March 2026

    9 Jun 2026, 10:00AM Tamilnad Mercantile Bank Ltd. on Monday, 27 April 2026, has announced Final dividend of 125 percent on Equity Share, to its shareholders holding share

  • Tamilnad Mercantile - Copy of Newspaper Publication

    8 Jun 2026, 3:15PM Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication regarding 104th Annual General Meeting of the Bank, Boo

  • Tamilnad Mercantile - General Updates

    6 Jun 2026, 4:46PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Revision in Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank

  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - Revision In Marginal Cost Of Funds Based Lending Rate (MCLR)

    6 Jun 2026, 4:54PM Tamilnad Mercantile Bank Limited has informed the Exchange about the Revision in Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Change in Management

    5 Jun 2026, 7:57PM Tamilnad Mercantile Bank Limited has informed the Exchange about Change in Senior Management Personnel of the Bank

  • Tamilnad Mercantile - Change in Management

    5 Jun 2026, 7:56PM Tamilnad Mercantile Bank Limited has informed the Exchange about change in Senior Management Personnel of the Bank

  • Tamilnad Mercantile - Fixation Of Record Date For Final Dividend For The F.Y - 2025-26

    5 Jun 2026, 7:10PM Tamilnad Mercantile Bank Limited has informed the Exchange that Record date for the purpose of Dividend is 12-Jun-2026.

  • Tamilnad Mercantile - Record Date

    5 Jun 2026, 7:09PM Tamilnad Mercantile Bank Limited has informed the Exchange that Record date for the purpose of Dividend is 12-Jun-2026.

  • Tamilnad Mercantile - Outcome of Board Meeting

    5 Jun 2026, 7:05PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on Jun 05, 2026 -Intimation of 104th Annual General

  • Tamilnad Mercantile - Board Meeting Outcome for Outcome Of Board Meeting Held On June 05, 2026 - Intimation Of 104Th Annual G

    5 Jun 2026, 7:04PM Intimation of 104th Annual General Meeting of the Bank and Record Date

  • Tamilnad Mercantile - General Updates

    28 May 2026, 3:30PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding ""Opening of New Branch""

  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - \Opening Of New Branch\

    28 May 2026, 3:33PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding \Opening of New Branch\

  • Tamilnad Mercantile - General Updates

    27 May 2026, 5:06PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding ""Opening of New Branches""

  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - \Opening Of New Branches\

    27 May 2026, 5:10PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding \Opening of New Branches\

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    22 May 2026, 7:03PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    22 May 2026, 6:53PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - General Updates

    20 May 2026, 10:49AM Tamilnad Mercantile Bank Limited has informed the Exchange regarding ""Opening of New Branch""

  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - \Opening Of New Branch\

    20 May 2026, 10:54AM Tamilnad Mercantile Bank Limited has informed the Exchange regarding \Opening of New Branch\

  • Tamilnad Mercantile - Announcement Under Regulation 30 (LODR) - General Updates

    14 May 2026, 8:02PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding rectification order received from the Income Tax Department under Regulation 30 o

  • Tamilnad Mercantile - General Updates

    14 May 2026, 8:01PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding rectification order received from the Income Tax Department under Regulation 30 o

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    9 May 2026, 4:37PM Tamilnad Mercantile Bank Limited has informed the Exchange about Link of Recording

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    9 May 2026, 4:29PM Tamilnad Mercantile Bank Limited has informed the Exchange about Link of Recording

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Investor Presentation

    8 May 2026, 5:52PM Tamilnad Mercantile Bank Limited has informed the Exchange about Investor Presentation

  • Tamilnad Mercantile - Investor Presentation

    8 May 2026, 5:45PM Tamilnad Mercantile Bank Limited has informed the Exchange about Investor Presentation

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Investor Presentation

    8 May 2026, 4:37PM Tamilnad Mercantile Bank Limited has informed the Exchange about Investor Presentation

  • Tamilnad Mercantile - Investor Presentation

    8 May 2026, 4:32PM Tamilnad Mercantile Bank Limited has informed the Exchange about Investor Presentation

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    4 May 2026, 5:21PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    4 May 2026, 5:27PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    30 Apr 2026, 7:25PM Tamilnad Mercantile Bank Limited has informed the Exchange about Transcript

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    30 Apr 2026, 7:19PM Tamilnad Mercantile Bank Limited has informed the Exchange about Transcript

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    30 Apr 2026, 4:22PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    30 Apr 2026, 4:27PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    29 Apr 2026, 2:00PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    29 Apr 2026, 11:30AM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    29 Apr 2026, 2:05PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    29 Apr 2026, 11:39AM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    28 Apr 2026, 8:08PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    28 Apr 2026, 8:04PM Tamilnad Mercantile Bank Limited has informed the Exchange about Schedule of meet

  • Tamilnad Mercantile - Copy of Newspaper Publication

    28 Apr 2026, 7:52PM Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    27 Apr 2026, 9:18PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding a press release dated April 27, 2026, titled \Audited Financial Results for the Q

  • Tamilnad Mercantile - Press Release

    27 Apr 2026, 9:14PM Tamilnad Mercantile Bank Limited has informed the Exchange regarding a press release dated April 27, 2026, titled ""Audited Financial Results for the

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    27 Apr 2026, 8:11PM Tamilnad Mercantile Bank Limited has informed the Exchange about Link of Recording

  • Tamilnad Mercantile - Analysts/Institutional Investor Meet/Con. Call Updates

    27 Apr 2026, 8:03PM Tamilnad Mercantile Bank Limited has informed the Exchange about Link of Recording

  • Tamilnad Mercantile - Investor Presentation

    27 Apr 2026, 4:11PM Tamilnad Mercantile Bank Limited has informed the Exchange about Investor Presentation

  • Tamilnad Mercantile - Dividend

    27 Apr 2026, 1:32PM Tamilnad Mercantile Bank Limited has informed the Exchange that Board of Directors at its meeting held on April 27, 2026, recommended Final Dividend o

  • Tamilnad Mercantile - Outcome of Board Meeting

    27 Apr 2026, 1:28PM Tamilnad Mercantile Bank Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

  • Tamilnad Mercantile - Announcement under Regulation 30 (LODR)-Investor Presentation

    27 Apr 2026, 4:16PM Tamilnad Mercantile Bank Limited has informed the Exchange about Investor Presentation

  • Tamilnad Mercantile Q4 net profit up 28.01% at Rs 373.65 cr

    27 Apr 2026, 3:10PM The bank reported standalone net profit of Rs 373.65 crore for the quarter ended March 31, 2026 as compared to Rs 291.90 crore in the same period last

  • Tamilnad Mercantile - Corporate Action-Board approves Dividend

    27 Apr 2026, 1:48PM Tamilnad Mercantile Bank Limited has informed the Exchange that Board of Directors at its meeting held on April 27, 2026, recommended Final Dividend o

  • Tamilnad Mercantile - Audited Financial Results For The Quarter And Financial Year Ended March 31, 2026 And Final Dividend

    27 Apr 2026, 1:37PM Tamilnad Mercantile Bank Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026

  • Tamilnad Mercantile - Board Meeting Outcome for Board Meeting Outcome For Audited Financial Results For The Quarter And Finan

    27 Apr 2026, 1:26PM Tamilnad Mercantile Bank Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026

  • Tamilnad Mercantile - Copy of Newspaper Publication

    17 Apr 2026, 7:00PM Tamilnad Mercantile Bank Limited has informed the Exchange about Copy of Newspaper Publication regarding re-opening of Special Window for Re-lodgement

  • Tamilnad Mercantile has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2026

    15 Apr 2026, 11:50AM As of March 2026, 100.00% owned by Public. <p align=justify> Institutional holds 8.10% (Insurance Companies 0.73%) and Non-Institutional holds 91.91%

  • Tamilnad Mercantile Bank Ltd

    2 Jul 2026 , 9:46AM Tamilnad Mercantile Bank: provisional business figures, total business rose 23% year-on-year to ₹1.22 lakh crore as of June 30, 2026, from ₹98,923 crore a year earlier. On a sequential basis, total business grew 5.8% from ₹1.15 lakh crore at the end of March. Gross advances increased 27% year-on-year to ₹57,306 crore, while total deposits grew 19.7% to ₹64,409 crore. Compared with the March quarter, advances rose 7.4%, while deposits were up 4.4%. Meanwhile, the bank's CASA deposits stood at ₹16,852 crore, up 16.9% from a year ago but down 3% sequentially. Net interest income (NII) increased 24% to ₹704.4 crore, reflecting continued traction in lending operations. Asset quality also improved further during the quarter, with the gross non-performing asset (NPA) ratio declining to 0.73% from 0.91% sequentially, while the net NPA ratio eased to 0.18% from 0.20%, indicating stable credit quality and lower stress levels.

  • Tamilnad Mercantile Bank Ltd

    2 Apr 2026 , 9:11AM Tamilnad Mercantile Bank Q4 (YoY): Total business grows 17.37% to Rs 1.15 lakh crore Vs Rs 98,055 crore. Advances surge 20.32% to Rs 53,380 crore Vs Rs 44,366 crore. Total deposits jump 14.94% to Rs 61,712 crore Vs Rs 53,689 crore. CASA zooms 22.35% to Rs 17,365 crore Vs Rs 14,193 crore

  • Tamilnad Mercantile Bank

    28 Oct 2025 , 12:46PM Tamilnad Mercantile Bank Q2 (YoY): Profit rises 4.7% to Rs 317.5 crore Vs Rs 303.2 crore. Net interest income increases 0.2% to Rs 597.1 crore Vs Rs 596.1 crore. Provisions and contingencies drop 69.2% to Rs 20 crore Vs Rs 64.9 crore. Gross NPA falls to 1.01% Vs 1.22% (QoQ). Net NPA declines to 0.26% Vs 0.33% (QoQ)

  • Tamilnad Mercantile Bank

    21 Mar 2025 , 10:47AM Tamilnad Mercantile Bank: Sanjoy Kumar Goel has taken charge as Chief Financial Officer of the bank, effective March 20.

  • Tamilnad Mercantile Bank

    7 Mar 2025 , 11:07AM The bank has revised its one-year marginal cost of funds-based lending rate (MCLR) to 9.60% from 9.75% earlier, and its repo-linked lending rate (RLLR) to 9.25% from 9.45% earlier, effective March 7.
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Key fundamentals

Evaluate the intrinsic value of Tamilnad Mercantile Bank Ltd stock 

Name March-26 March-25 March-24 March-23 March-22
Assets 75299.5975 66449.8704 61552.4601 57895.3658 52858.4881
Liabilities 75299.5975 66449.8704 61552.4601 57895.3658 52858.4881
Equity 158.3515 158.3515 158.3515 158.3515 142.5115
Gross Profit 1022.1031 810.6342 823.8082 956.3241 335.1991
Net Profit 1337.5476 1182.6072 1072.0325 1029.259 821.9087
Cash From Operating Activities -100.8738 1898.8372 -610.5389 -1269.8005 1325.0124
NPM(%) 22.98 22.35 22.11 25.22 21.43
Revenue 5819.4145 5291.267 4847.9094 4081.0417 3833.8601
Expenses 4797.3114 4480.6328 4024.1012 3124.7176 3498.661
ROE(%) 13.22 11.69 10.6 10.18 8.12

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
12 Jun 2026 12.5 125 1.56 697.3
01 Aug 2025 11 110 1.56 440.9
20 Sep 2024 10 100 1.56 496.9
29 Aug 2023 5 50 1.56 407.85
24 Feb 2023 5 50 1.56 457.05

Peers

Other companies within the same industry or sector that are comparable to Tamilnad Mercantile Bank Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Equitas Small Finance Bank Ltd 82.24 5.21 91.38 91263.08 12.86 0.00
Fino Payments Bank Ltd 135.40 0.56 21.49 6662.88 111.19 0.00
Central Bank of India 32.60 3.00 6.52 724700.49 49.98 3.68
Kotak Mahindra Bank Ltd 377.60 0.12 19.47 159187.08 1939.12 0.13

Company Info

YEAR EVENTS 2001 - Tamilnad Mercantile Bank has launched a special deposit scheme for senior citizens. Under the scheme, the interest rate on the deposits accepted from senior citizens would be 0.50 per cent over the normal interest rate. 2005 -TMB forges alliance with HDFC Bank -TMB launches new overdraft scheme for pensioners 2006 -TMB unveils new loan scheme 2009 - Tamilnadu Mercantile Bank (TMB) and United India Insurance Company Ltd (UIICL) inked a bancassurance agreement where the bank will market the products of the insurance company through its 215 branches across the country. 2022 - Launching Insurance Products with new Tie-up arrangement with M/s.Bajaj Allianz Life Insurance Company Ltd -Launching Insurance Products with new Tie-up arrangements with M/s.Max Life Insurance Company Limited and M/s.Cholamandalam MS General Insurance Company Ltd. 2023 -Tamilnad Mercantile Bank Limited has been awarded with the Best Bank award among all small banks in India by Business Today - KPMG2025-Tamilnad Mercantile Bank strengthens services for NRI customers with the launch of Global NRI Center-TMB Launches New Digital Platform (Finnone Neo) to Make Loan Processing and Approvals Faster and Simpler for Customers-TMB Launches Online EPF Payment Facility

YEAR EVENTS 2001 - Tamilnad Mercantile Bank has launched a special deposit scheme for senior citizens. Under the scheme, the interest rate on the deposits accepted from senior citizens would be 0.50 per cent over the normal interest rate. 2005 -TMB forges alliance with HDFC Bank -TMB launches new overdraft scheme for pensioners 2006 -TMB unveils new loan scheme 2009 - Tamilnadu Mercantile Bank (TMB) and United India Insurance Company Ltd (UIICL) inked a bancassurance agreement where the bank will market the products of the insurance company through its 215 branches across the country. 2022 - Launching Insurance Products with new Tie-up arrangement with M/s.Bajaj Allianz Life Insurance Company Ltd -Launching Insurance Products with new Tie-up arrangements with M/s.Max Life Insurance Company Limited and M/s.Cholamandalam MS General Insurance Company Ltd. 2023 -Tamilnad Mercantile Bank Limited has been awarded with the Best Bank award among all small banks in India by Business Today - KPMG2025-Tamilnad Mercantile Bank strengthens services for NRI customers with the launch of Global NRI Center-TMB Launches New Digital Platform (Finnone Neo) to Make Loan Processing and Approvals Faster and Simpler for Customers-TMB Launches Online EPF Payment Facility

Parent Organisation

Tamilnad Mercantile Bank Ltd.

Founded

11/05/1921

Managing Director

Mr.Salee S Nair

NSE Symbol

TMBEQ

FAQ