Tamilnad Mercantile Bank Limited (NSE:TMB)
India flag India · Delayed Price · Currency is INR
456.55
+15.65 (3.55%)
Apr 24, 2025, 3:30 PM IST

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 Banks - Regional
Sector Financials
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 TMB
Exchange National Stock Exchange of India
Fiscal Year April - March
Reporting Currency INR
ISIN Number INE668A01016
SIC Code 6020

Key Executives

Name Position
Salee Sukumaran Nair Chief Executive Officer, MD and Director
Sanjoy Kumar Goel Executive Vice President and Chief Financial Officer
P. R. Ashok Kumar Executive Vice President
J. Sundaresh Kumar Executive Vice President and Chief Compliance Officer
K. Vijayan Executive Vice President of Credit Monitoring Dept, KYC / AML Cell, Recovery Dept and Legal Dept
D. Ramesh Executive Vice President and GM of Human ResourcesD Department, Public Relations and Corporate Communications
Laxman Karkala Kudva Executive Vice President and Chief Risk Officer
Vincent Menachery Devassy B.Com., CAIIB, L.L.B. Whole Time Executive Director
S. Ilangovan Executive Vice President and Head of Internal Audit
V. Jayaraman Executive Vice President