Rajendra Sep 2, 2022
The 100-year-old bank announced its ₹830 crore IPO, which will be open from 5 September to 7 September.
Highlights
The bank was started in 1921 under the name "Nadar Bank Limited," & its name was changed to "Tamilnad Mercantile Bank Limited" in 1962.
Establishment
strong presence with 369 branches and 238 cash recycling machines in addition to 941 automated teller machines (ATMs).
Presence