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TMB STOCK
Tamilnad Mercantile Bank Q3 Results: Net profit remains flat at Rs 284 crorePrivate sector lender Tamilnad Mercantile Bank's net profit remained flat at Rs 284 crore in the December quarter despite a massive growth ...22 Jan, 2024, 06.00 PM IST- Tamilnad Mercantile Bank shares jump 17% to hit 52-week highThe company reported an 11.54% year-on-year (YoY) jump in its June quarter net profit at Rs 261 crore, up from Rs 234 crore reported by the...21 Aug, 2023, 02.55 PM IST
- RBI authorises Tamilnad Mercantile Bank to undertake government businessTMB is one of the oldest private sector banks with a history of over 100 years, having been established in 1921 as Nadar Bank. The bank off...30 Nov, 2022, 10.33 PM IST
- Tamilnad Mercantile Bank Q2 Results: Profit jumps 37% YoY to Rs 262 croreGross non-performing assets (NPAs) were reduced to 1.70 per cent of gross advances as of September 30, 2022 from 3.31 per cent by the end o...27 Oct, 2022, 04.34 PM IST
- RBI lifts ban on new branches of Tamilnad Mercantile BankRBI had placed the ban on TMB in 2019 after the bank's shareholders decided to raise authorized share capital to Rs 500 crore. The central ...21 Oct, 2022, 11.40 PM IST
- RBI rejects TMB's recommendation to appoint B Vijayadurai as non-executive chairman"Reserve Bank of India vide their letter dated September 19, 2022, declined our request for appointment of B Vijayadurai as part time non e...20 Sep, 2022, 10.06 PM IST
- TMB makes muted debut on listing day at IPO priceThe IPO consisted of the fresh issue of 15.8 million shares. The Thoothukudi-based private lender allotted 71,28,000 equity shares to 10 an...16 Sep, 2022, 07.32 AM IST
- Tamilnad Mercantile Bank: Should buy, sell or hold after muted listing?However, analysts remain positive on the private lenders despite its muted debut at the bourses and suggest that investors should hold the ...15 Sep, 2022, 01.16 PM IST
- Tamilnad Mercantile Bank IPO subscribed 2.86 times on last day of bidding processThe issue attracted bids for 2,49,39,236 shares or 2.86 times against the issue size of 87,12,000 shares. The quota reserved for retail ind...07 Sep, 2022, 06.18 PM IST
- 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...05 Sep, 2022, 06.27 PM IST
- 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 ...05 Sep, 2022, 01.54 PM IST
- Tamilnad Mercantile Bank IPO: 15 things you must know before subscribingThe IPO of Tamilnad Mercantile Bank will close for subscription on Wednesday, September 7.02 Sep, 2022, 11.08 AM IST
- 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...30 Aug, 2022, 01.09 PM IST
- 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...08 Sep, 2020, 04.12 PM IST
- Standard Chartered fined Rs 100 crore for role in TMB buyout bidED faults transactions in 2007 related to bid by offshore entities to take control of local lender08 Sep, 2020, 02.36 PM IST
- Jhunjhunwala, Ambani, Dhoni & much of D-Street awaiting these big-bang IPOsSome of these firms have strong balance sheets and credible financials to support this frenzy.07 Oct, 2019, 08.19 PM IST
- Once labelled a 'deserter', S Ashok is helping Nadars regain control of Tamilnad Mercantile BankSeventeen years ago, S Ashok became an outcast among the Nadars when he sold his 18% equity in the community-owned Tamilnad Mercantile Bank...27 Sep, 2011, 10.48 AM IST
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