About TMB Tamilnad Mercantile Bank Previous Papers 2019
Tamilnad Mercantile Bank Limited (TMB) is a bank headquartered in Tuticorin in Tamil Nadu, India. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. For the financial year 2011-2012, the bank reported a net profit of INR 4845.3 million. The bank currently has 372 full fledged branches throughout India, nine regional offices and eleven Extension Counters, two Mobile Banking branches, six central processing centres, three Currency Chests and 681 Automated Teller Machines(ATM) TMB has plans to open branches in Colombo, Singapore and Malaysia to serve the Tamil community living in those countries. The bank has been growing strongly throughout South India, making inroads into new markets and opening up new branches. TMB is also set to go for an Initial public offering in 2013.
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