Tamilnad Mercantile Bank Limited (NSE:TMB)
India flag India · Delayed Price · Currency is INR
444.00
-11.60 (-2.55%)
Aug 1, 2025, 3:30 PM IST

Tamilnad Mercantile Bank Company Description

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

The company operates through the 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 accounts, 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 healthcare, education, gold, jewelry, commercial vehicles, traders and services, 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
CountryIndia
Founded1921
IndustryBanks - Regional
SectorFinancials
Employees4,721
CEOSalee Nair

Contact Details

Address:
57, Victoria Extension Road
Thoothukudi, Tamil Nadu 628002
India
Phone91 46 1232 5136
Websitetmb.in

Stock Details

Ticker SymbolTMB
ExchangeNational Stock Exchange of India
Fiscal YearApril - March
Reporting CurrencyINR
ISIN NumberINE668A01016
SIC Code6020

Key Executives

NamePosition
Salee Sukumaran NairChief Executive Officer, MD and Director
Vincent Menachery Devassy B.Com., CAIIB, L.L.B.Whole Time Executive Director
Sanjoy Kumar GoelExecutive Vice President and Chief Financial Officer
P. R. Ashok KumarExecutive Vice President and Country Head Branch Banking
J. Sundaresh KumarExecutive Vice President and Chief Compliance Officer
K. VijayanExecutive Vice President of Credit Dept, KYC / AML Cell, Recovery Dept and Legal Dept and CQC Off
D. RameshExecutive Vice President and GM of Human ResourcesD Department, Public Relations and Corporate Communications
Laxman Karkala KudvaExecutive Vice President of Chief Risk Officer
S. IlangovanExecutive Vice President and Head of Internal Audit
V. JayaramanExecutive Vice President of IT