Tamilnad Mercantile Bank Limited (BOM:543596)
India flag India · Delayed Price · Currency is INR
424.95
+6.00 (1.43%)
At close: Apr 15, 2025

Tamilnad Mercantile Bank Company Description

Tamilnad Mercantile Bank Limited provides banking and financial products and services in India.

It operates through Treasury, Corporate/Wholesale Banking, and Retail Banking segments. The company offers savings, fixed, recurring, term deposit, and current accounts; debit and credit cards; and demat and equity trading account, portfolio management, POS terminal, e-tax payment, online bill payment, mutual fund, insurance, sovereign gold bond scheme, forex, and Internet and mobile banking services.

It also provides home, car, two-wheeler, personal, LAP, pension, pharma and health care, education, gold, jewel, commercial vehicle, traders and service, MSME, rice and dhall mill, NRI, doctor, agricultural, green energy, and Mahalir loans, and sovereign gold bonds secured overdraft facilities; and microenterprise and pharma finance.

The company was formerly known as The Nadar Bank Ltd. and changed its name to Tamilnad Mercantile Bank Limited on November 26, 1962.

Tamilnad Mercantile Bank Limited was incorporated in 1921 and is headquartered in Thoothukudi, India.

Tamilnad Mercantile Bank Limited
Country India
Founded 1921
Industry Commercial Banks
Employees 4,601
CEO Salee Nair

Contact Details

Address:
57, Victoria Extension Road
Thoothukudi, Tamil Nadu 628002
India
Phone 91 46 1232 5136
Website tmb.in

Stock Details

Ticker Symbol 543596
Exchange Bombay Stock Exchange
Fiscal Year April - March
Reporting Currency INR
SIC Code 6020

Key Executives

Name Position
Salee Nair Chief Executive Officer
Sanjoy Goel Chief Financial Officer
P. R. Kumar Chief Operating Officer