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Tamilnad Mercantile Bank opens two new branches

03 Aug 2023 Evaluate

Tamilnad Mercantile Bank has opened two branches on August 3, 2023. The first is in Dharmavaram, Sri Sathya Sai District, Andhra Pradesh, while other is in Ulundurpettai, Kallakkurichi District, Tamil Nadu. Earlier, the company had opened two branches in Tamil Nadu on May 1, 2023.

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 787.00
ICICI Bank 1569.00
Axis Bank 1320.00
Kotak Mahindra Bank 480.00
Indusind Bank 910.00
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