Page 5 - Tamilnad Mercantile Bank

Tamilnad Mercantile Bank to seek shareholders' approval for IPO again

TMB has 20,600 shareholders

Tamilnad Mercantile Bank net grows 141% in April-September to Rs 62.74 cr

The bank's gross non-performing assets during the first six months of the year stood at Rs 1346.65 crore, or 4.91 per cent of its gross advances

Rama Moorthy takes over as MD and CEO of Tamilnad Mercantile Bank

Former United Bank of India (UBI's) Executive Director K V Rama Moorthy taken over as Managing Director and Chief Executive Officer of Tamilnad Mercantile Bank Ltd.Prior to this joining, he was functioning as Executive Director of United Bank of India since 2015. Earlier he was with Bank of Baroda.Over three decades of experience in various phases of Banking across operations, new products & services, retail lending, corporate banking, marketing and business expansion. The appointment of Moorthy is for a period of three years from the date of assuming the charge as per the approval received from the Reserve Bank of India, in line with the earlier recommendations of the bank's board.ends

TMB plans to list by 2019

Bank's shares were privately traded at around Rs 400 and this price could double before the IPO

Local community apprises PM of Tamilnad Mercantile Bank row

Thuthukudi Nadargal Mahamai raises allegations against bank's directors

Shareholders have misunderstood IPO: S Annamalai

Interview with Chairman,Tamilnad Mercantile Bank (TMB)

TMB will grow by 10% in 2016-17, says new Chairman

The Bank will not look at high ticket advances in order to be careful and reduce NPA, says TMB Chairman S Annamalai

Tamilnad Mercantile Bank profit up 6% at Rs 402 cr in 2015-16

The bank has announced 500 bonus share for each share

Court turns down TMB's recount plea

The court did not give any categorical finding, as the association approached without knowing the details

Court asks a full-fledged Board to assume office at Tamilnad Mercantile Bank

The Court also asked the lender to announce its results