Tamilnad Mercantile Bank Limited (TMB.NS) NSE

512.00

-1.4(-0.27%)

Updated at December 24 03:30PM

Currency In INR

Tamilnad Mercantile Bank Limited

Address

57, V.E. Road

Thoothukudi, 628 002

India

Phone

91 46 1232 1382

Sector

Financial Services

Industry

Banks - Regional

Employees

4601

First IPO Date

September 15, 2022

Key Executives

NameTitlePayYear Born
Salee Sukumaran NairMD, Chief Executive Officer & Director7.8M1965
Vincent Menachery DevassyWhole Time Executive Director5.63MN/A
D. RameshExecutive Vice President and GM of HRD Department, Public Relations & Corporate Communications01973
J. Sundaresh KumarExecutive VP & Chief Compliance Officer01973
K. VijayanEVice President of Credit Dept, KYC / AML Cell, Recovery Dept & Legal Dept and CQC Off01974
Laxman Karkala KudvaExecutive VP of Chief Risk Officer0N/A
R. Ashok KumarExecutive Vice President & Country Head Branch Banking01975
Sanjoy Kumar GoelExecutive VP & CFO01963
S. IlangovanExecutive VP & Head of Internal Audit0N/A
V. JayaramanExecutive Vice President of IT0N/A

Description

Tamilnad Mercantile Bank Limited provides banking and financial products and services in India. It operates through Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, recurring, term deposit, and current accounts; debit and credit cards; and demat and equity trading account, POS terminal, e-tax payment, online bill payment, mutual fund, insurance, mutual fund, sovereign gold bond scheme, money transfer, forex, treasury, and Internet and mobile banking services. It also provides home, car, two-wheeler, personal, house rent, pension, doctor, education, jewel, pension, NRI, commercial vehicle, traders and service, MSME, rice and dhall mill, doctor, and Mahalir loans, as well as loans against properties and sovereign gold bonds; vehicle finance for educational institutions; secured overdraft facilities; and microenterprise, pharma, and channel 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.