Tamilnad Mercantile Bank has launched Life Insurance Products and General Insurance products under the tie-up arrangement with Max Life Insurance Company and Cholamandalam MS General Insurance Company respectively. The bank has inked agreement with Cholamandalam MS General Insurance Company for the purpose of marketing, distribution & selling the general insurance products, while agreement with Max Life Insurance Company for the purpose of marketing, distribution & selling the Life Insurance products.
Tamilnad Mercantile Bank is one of the oldest private sector banks in the country, with a history of almost 100 years. It offers a wide range of banking and financial services primarily to Micro, Small and Medium Enterprises (MSME), agricultural and retail customers.
| Company Name | CMP |
|---|---|
| HDFC Bank | 799.90 |
| ICICI Bank | 1347.50 |
| Axis Bank | 1359.15 |
| Kotak Mahindra Bank | 383.50 |
| Indusind Bank | 853.15 |
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