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Tamilnad Mercantile Bank opening two branches in Tamilnadu

29 Dec 2022 Evaluate

Tamilnad Mercantile Bank is opening two branches in Tamilnadu on December 29, 2022. The first is in Thevur, while other is in Koyambedu. Earlier, the Bank had executed tie-up arrangement with Kotak Mahindra General Insurance Company for marketing the General 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.

Peers
Company Name CMP
HDFC Bank 728.10
ICICI Bank 1396.80
Axis Bank 1286.45
Kotak Mahindra Bank 446.00
Indusind Bank 874.00
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