TMB

Tamilnad Mercantile Bank is a private sector bank in India, incorporated in 1921. It provides a range of banking and financial services primarily to retail customers, micro, small, and medium enterprises (MSME), and farmers. The bank operates mainly in the banking and financial services industries, with key business segments including retail, agriculture, and MSME. It offers products such as banking services, financial services, and gold loans. Tamilnad Mercantile Bank has a strong regional presence in South India and is in the process of expanding nationally. The bank is noted for its high capitalization and consistent profitability. A considerable portion of its loan portfolio is secured, with a significant emphasis on gold loans. There are no publicly listed subsidiaries or ventures associated with the bank, and no listings on stock exchanges.