Available in Depository:
Available for Investment:
Profit After Tax
Cashflow - Operations
Cashflow - Financing
Compounded Sales Growth
Compounded Profit Growth
Return On Equity
Company filed its DRHP on 4th Sep'21, for the fresh issue of 15,827,495 and offer for sale 12,505 equity share.
The main objective of the fresh issue of the company is to meet the capital adequacy requirements and they proposed to utilize it towards augmenting its Tier–I capital base to meet its future capital requirements.
Bank does not have any group company or subsidiary or associate entity.
TMB introduced internet banking to customers in 2008 through ‘TMB-Econnect’ and utility payment facility which enabled our customers to pay bills for cable operators/DTH operators, electricity services, mobile phone utility services, other utilities and tax services. With a focus on increasing our existing customer base, the bank has introduced various alternate banking channels such as ATMs, CRMs, internet banking, mobile banking, E-Lobbies, point of sales (“PoS”), banking and debit and credit cards.
As of March'21, Tamilnad Mercantile Bank owns fixed assets of worth 137.18 Cr. It includes Premises of worth 50.49 Cr., and other assets like office equipment, computer hardware, vehicles, furniture and electric fitting of worth 86.71 Cr.
Reg Office: Ground Floor, 514/7, New Railway Rd, Manohar Nagar, Gurugram, Haryana
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