by Team Small News | Aug 3, 2025 | Tamilnad Mercantile Bank
Tamilnad Mercantile Bank, a private sector bank based in Tuticorin, is on track to complete its digital transformation program within the current financial year. The bank had allocated ₹150 crore last year to implement various technology-driven upgrades, including the...
by Team Small News | Jun 14, 2025 | Indian Bank, RBI, Tamilnad Mercantile Bank
The Tamilnadu Mercantile Bank Ltd has announced the appointment of K Ramachandran as an additional Non-Executive Independent Director and part-time Chairman of the bank. This appointment has been approved by the Board of Directors and is subject to approval from the...
by Team Small News | Apr 27, 2025 | Tamilnad Mercantile Bank
The bank’s yields on advances have moderated slightly in FY25 due to efforts to enhance portfolio quality and increase MSME ticket sizes, which has resulted in a yield sacrifice. Despite previous repo rate hikes and anticipated cuts, deposit costs have not...
by Team Small News | Apr 1, 2025 | Banking, Tamilnad Mercantile Bank
The Tamilnad Mercantile Bank (TMB) Foundation has taken a significant step towards promoting sports and supporting athletes in Thoothukudi, a coastal town in Tamil Nadu. As part of its commitment, the TMB Foundation has agreed to reconstruct the 40-meter swimming pool...
by Team Small News | Mar 30, 2025 | Banking, Tamilnad Mercantile Bank
Tamilnad Mercantile Bank (TMB) has announced the inauguration of six new branches as part of its expansion strategy across India. The new branches are located in Ayodhya, Uttar Pradesh, as well as five other areas across the southern and western states of the country....
by Team Small News | Mar 30, 2025 | Banking, Tamilnad Mercantile Bank
Tamilnad Mercantile Bank (TMB), a leading private sector bank in India, has announced the expansion of its operations by opening six new branches across the country. This strategic move is part of the bank’s efforts to increase its presence nationwide and...