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Tamilnad Mercantile Bank Ltd
NSE: TMB BSE: 543596
₹692.75
(1.96%)
Wed, 27 May 2026, 06:06 pm
Market Cap107.58B
PE Ratio8.20
Dividend1.62
Finance
Regional Banks
24.5KCompany History
2001
- Tamilnad Mercantile Bank launched a special deposit scheme for senior citizens with an interest rate 0.50 per cent over the normal interest rate.
2005
- TMB forged an alliance with HDFC Bank.
- TMB launched a new overdraft scheme for pensioners.
2006
- TMB unveiled a new loan scheme.
2009
- Tamilnadu Mercantile Bank and United India Insurance Company Ltd inked a bancassurance agreement to market insurance products through its branches.
2022
- Tamilnad Mercantile Bank launched insurance products with a new tie-up arrangement with Bajaj Allianz Life Insurance Company Ltd.
- Tamilnad Mercantile Bank launched insurance products with new tie-up arrangements with Max Life Insurance Company Limited and Cholamandalam MS General Insurance Company Ltd.
2023
- Tamilnad Mercantile Bank Limited was awarded the Best Bank award among all small banks in India by Business Today - KPMG.