Mercantile

S. Krishnan, MD & CEO of Tamilnad Mercantile Bank is seen along with P.A. Krishnan, CFO. Photo: Special Arrangement Private sector lender Tamilnad Mercantile Bank Ltd. (TMB) standalone…

(TMB) made a muted debut at Dalal Street on Thursday and further disappointed the investors on the day, when Nifty Bank topped record highs. The century-old private lender was listed at Rs…

NEW DELHI: Tamilnad Mercantile Bank (TMB), whose initial public offering (IPO) received a mixed response during the three-day bidding process, is likely to announce its allotment status on…

The initial public offer (IPO) by Tamilnad Mercantile Bank (TMB) subscribed 2.86 times on the third and final day of the bidding process on Wednesday. The issue attracted bids for…

NEW DELHI: The Rs 832-crore initial public offer (IPO) by Tamilnad Mercantile Bank (TMB) kicks off for subscription on Monday. On the table is a fresh issue of 1,58,40,000 shares being sold…

Private sector lender Tamilnad Mercantile Bank on Friday said it has mobilised a little over Rs 363 crore from anchor investors days before its Initial Public Offering (IPO). The company has…

The Rs 831.6 crore initial public offering (IPO) of Tamilnad Mercantile Bank (TMB) is all set to hit the primary markets on Monday, September 5. Here are key things you should know about the…

Private sector lender Tamilnad Mercantile Bank has received capital markets regulator Sebi's go ahead to mop-up funds through an initial share sale. The Initial Public Offer (IPO) comprises…

IPO-bound Tamilnad Mercantile Bank on Thursday said it posted a net profit of Rs 821.91 crore in FY22, which is up 36% from Rs 603.33 crore during the same period last year. It is also…

The Reserve Bank of India (RBI) on September 3 said it has imposed a penalty of ₹50 lakh on Bombay Mercantile Co-operative Bank, Mumbai for deficiency in regulatory compliance. The RBI has…