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TMB FINANCIALS
Highest FD interest rates for senior citizens in May 2026: PSU vs private vs small finance banks with their top fixed deposit schemesSenior citizens seeking stable income and market-risk-free returns often turn to fixed deposits. Banks commonly offer enhanced interest rat...- Tamilnad Mercantile Bank Q1 Results: Net profit up 6% to Rs 305 crore on lower provisionsTamilnad Mercantile Bank reported a 6% YoY rise in Q1 net profit to ₹305 crore, aided by sharply lower provisions, despite a 12% fall in op...
- Tamilnad Mercantile Bank to open 40 new branches, hire global consultant for MSMEsDuring the AGM, the bank highlighted its continued focus on growth and transformation, laying out a comprehensive plan for expansion and di...
- Tamilnad Mercantile Bank shares list at 3% discount to IPO priceIncorporated in 1921, Tamilnad Mercantile Bank offers an array of banking and financial services to retail customers, micro, small, and med...
- Will TMB maintain positive momentum or disappoint D-Street investors?Aayush Agrawal, Senior Research Analyst at Swastika Investmart, expects a flat or a negative listing based on the current grey market trend...
- TMB IPO fully subscribed on Day 2 of bidding processTMB is one of the oldest and leading old private sector banks in India with a history of almost 100 years. It has a loyal customer base as ...
- Should you buy Tamilnad Mercantile Bank shares from unlisted market ahead of IPO?One should understand that any pre-IPO equity has a mandatory lock-in of at least 6 months from the date of IPO allotment, but in this case...
- Tamilnad Mercantile Bank IPO kicks off: Should you subscribe?Most analysts said the asking valuations are attractive when compared with peers, but the bank’s future growth would be subject to pending ...
- Barring legal issues, TMB IPO looks reasonably pricedThe demanded valuation also looks reasonable. However, the bank is involved in several legal proceedings including those filed by some of t...
- Tamilnad Mercantile Bank IPO to open on Sept 5; price band fixedThe IPO is entirely a fresh issue of up to 1,58,40,000 equity shares with a face value of Rs 10 each, aggregating to Rs 831.6 crore. TMB is...
- Banks should embrace digitisation to ensure govt schemes reach needy: Nirmala SitharamanStating that the government distributed Rs 1,500 in three installments to the needy through their bank accounts during the Covid-19 outbrea...
- Tamilnad Mercantile Bank files DRHP for IPO with SebiThe offer will consist of issuance of 1,58,27,495 fresh equity shares and existing shareholders will offload 12,505 equity shares from thei...
- How the TMB buyout bid came to haunt Standard Chartered after 13 yearsAccording to the ED report, Stanchart India held securities of TMB as collateral for money lent by Stanchart Mauritius to overseas companie...
- Tamilnad Mercantile Bank ranked best among old private sector banksTamilnad Mercantile Bank has been ranked as the best among old private sector banks. E & Y was the knowledge partner to Financial Express i...
- Tamilnad Mercantile Bank signs MoU with UAE Exchange & Financial ServicesTMB has entered a Memorandum of Understanding with UAE Exchange and Financial Services to offer express money transfer services in India.
- RBI refuses to endorse Sivasankaran's Tamilnad Mercantile Bank stake saleRBI has refused to acknowledge C Sivasankaran's sale of nearly 33% stake in Tamilnad Mercantile Bank to Indian and foreign investors four y...
- TMB enters in MoU with Birla Sun Life Mutual FundA Balasubramanian, CEO of Birla Sun Life Mutual Fund claimed their mutual fund offers innovative investment solutions across asset classes ...
- Madras HC upholds election of 10 new directors to TMB boardTuticorin- based old private sector Tamilnad Mecantile Bank is set to have a reconstituted full-fledged board with Madras High Court passin...
- RBI closely monitoring TMB in absence of boardRBI is keeping a close watch on the affairs of TMB in the absence of an elected board.
- Religare Enterpries strategic agreement with TMBReligare Enterprises Ltd, an integrated financial services company belonging to the Ranbaxy group, today entered into a strategic agreement...
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