RBI imposes monetary penalty of over Rs 63 lakh on Bombay Mercantile Co-operative Bank Ltd

Feb 08, 2024

The RBI, in an official statement, said that this action is based on a deficiency in regulatory compliance and is not intended to pronounce...

Tamilnad Mercantile Bank posts 27 pc growth in profit

Oct 27, 2022

The Bank's total business went up 7.43 per cent to Rs 78,013 crore, against Rs 72,620 crore in the corresponding quarter the previous year.

Tamilnad Mercantile Bank IPO: Check subscription status after Day 1

Sep 06, 2022

New Delhi [India], September 6 : The initial public offerings (IPO) of Tamilnad Mercantile Bank received 83 per cent subscription on the first day...

Tamilnad Mercantile Bank makes stock market debut below issue price

Sep 15, 2022

New Delhi [India], September 15 : Shares of Tamilnad Mercantile Bank made their exchange debut with a minor discount of nearly 3 per...

ED seizes assets worth Rs 293.91 cr of ex-chairman of Tamil Nadu Mercantile Bank MGM Maran

Dec 28, 2021

New Delhi [India], December 28 : The Enforcement Directorate (ED) seized assets worth Rs 293.91 crore of Nesamanimaran Muthu alias MGM Maran, former chairman...

Tamilnad Mercantile Bank IPO: Fully subscribed on Day 2; Read here

Sep 06, 2022

New Delhi [India], September 6 : The initial public offering (IPO) of Tamilnad Mercantile Bank has been fully subscribed on the second day of...