Showing results for "#Tamilnad Mercantile Bank"
TMB sees 11% jump in net at Rs 303 cr in Sept'24
The operating profit has improved to Rs 465 crore from Rs 365 crore, registering a growth of 27.40 per cent.
Errors being rectified, says TMB on I-T spot verification
3 July 2023“The business operations of the bank are continuing as usual and are not impacted due to this development. We are complying with our legal obligations...
I-T spot verification at head office of TMB; bank says extended...
27 Jun 2023The bank is fully cooperating with officials during the ongoing proceedings and responding to the clarifications and details sought by them, the bank...
Tamilnad Mercantile Bank to extend loan to 53,000 MSMEs
3 Jun 2020Tamilnad Mercantile Bank (TMB) plans to provide loans to 53,000 MSMEs under Guaranteed Emergency Credit Line scheme.
Tamilnad Mercantile Bank plans Rs 1.2K cr IPO this fiscal
27 April 2021The Tamilnad Mercantile Bank (TMB), which will turn 100 this year, will come out with an initial public offering (IPO) of about Rs 1,000 crore to Rs...
Tamilnad Mercantile Bank files Draft Red Herring Prospectus
7 Sept 2021With 37.61 per cent of its paid-up equity share capital or 53.59 million equity shares are subject to outstanding legal and regulatory proceedings...
Nirmala calls TMB a role model in TN
13 Sept 2021Finance Minister Nirmala Sitharaman on Sunday said banks, including private sector should embrace digitisation towards ensuring that government...
Prompt corrective action has helped PSBs to tide over turbulent times:...
13 Sept 2021India’s public sector banks are stable now after the prompt corrective actions (PCA) when they were caught in turbulence, said Union Finance Minister...