Showing results for "#Tamilnad Mercantile Bank"
TMB strengthens digital lending framework
This new technology is aimed at bringing greater speed, accuracy and standardisation across the Bank’s loan processing workflow.
Tamilnad Mercantile Bank reports Q1 net up by 11.53% at Rs 261.23 cr
24 July 2023 2:40 PM ISTThe Tuticorin-based over Century old bank had registered net profit at Rs 234.21 crore during the corresponding period of last year.
Errors being rectified, says TMB on I-T spot verification
3 July 2023 7:00 AM IST“The business operations of the bank are continuing as usual and are not impacted due to this development. We are complying with our legal obligations...
I-T spot verification at head office of TMB; bank says extended...
28 Jun 2023 3:59 AM ISTThe bank is fully cooperating with officials during the ongoing proceedings and responding to the clarifications and details sought by them, the bank...
Tamilnad Mercantile Bank to extend loan to 53,000 MSMEs
4 Jun 2020 12:54 AM ISTTamilnad Mercantile Bank (TMB) plans to provide loans to 53,000 MSMEs under Guaranteed Emergency Credit Line scheme.
Tamilnad Mercantile Bank plans Rs 1.2K cr IPO this fiscal
27 April 2021 5:32 PM ISTThe Tamilnad Mercantile Bank (TMB), which will turn 100 this year, will come out with an initial public offering (IPO) of about Rs 1,000 crore to Rs...
Tamilnad Mercantile Bank files Draft Red Herring Prospectus
7 Sept 2021 8:09 AM ISTWith 37.61 per cent of its paid-up equity share capital or 53.59 million equity shares are subject to outstanding legal and regulatory proceedings...
Nirmala calls TMB a role model in TN
13 Sept 2021 6:08 AM ISTFinance Minister Nirmala Sitharaman on Sunday said banks, including private sector should embrace digitisation towards ensuring that government...