The private sector lender is likely to finalise the allotment by Monday, September 12, 2022, as per the timeline provided in the red herring prospectus (RHP). Investors are now looking forward to the share allotment date of Tamilnad Mercantile Bank IPO. Of which, nearly 80 per cent comprised customers who were associated with the bank for more than five years. It had a customer base of around 5.08 million as of March 2022. Tamilnad Mercantile Bank Limited was incorporated in the name of Nadar Bank Limited' on at Thoothukudi Tamil Nadu as a limited company under Indian Companies Act 1913 pursuant to a certificate of incorporation issued by the erstwhile Assistant Registrar of Joint Stock Palamcottah. Tamilnad Mercantile Bank TMB stock ends flat as RBI rejection of proposed chairman has little impact Post-IPO, Tamilnad Mercantile Bank to up focus on RAM, go. Tamilnad Mercantile Bank - internet banking. It offers a wide range of banking and financial services primarily to micro, small and medium enterprises (MSME), agricultural and retail customers.Īs of March 2022, the private sector lender has 509 branches, of which, 106 branches are in rural, 247 in semi-urban, 80 in urban and 76 in metropolitan centres. Tamilnad Mercantile Bank is one of the oldest private sector banks in the country with a history of almost 100 years.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |