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Tamilnad Mercantile Bank (TMB) is a leading private sector based in South India. The bank has 509 full fledged branches all over India, 12 Regional Offices, 11 Extension Counters, 6 Central Processing Centres, 1 Service Branch, 4 Currency Chests and 1135 Automated Teller Machines. Due to its strong financial performance, the bank is often referred to as HDFC Bank of South India.
For buying shares of Tamilnad Mercantile Bank (TMB) or any other companies, please call on 8108303330
Tamilnad Mercantile Bank (TMB) is one of the very few banks having very high reserve base and its earnings per share remains the highest. It is the only bank in India declaring consistently higher rate of dividend to its shareholders from the very beginning. Tamilnad Mercantile Bank has proposed to expand its network in 27 new centres in the year ending 31 March 2020.
Thiru K.V. Rama Moorthy
Thiru S.R. Ashok
Tmt. S. Ezhil Jothi
Thiru N. Gopal
Thiru K. Nagarajan
|Total Business||Rs. 61,624.19||Rs. 56,197.05||Rs. 54,162.47||Rs. 52,946.58||Rs. 44,986.00||Rs. 39,790.00||Rs. 36,480.00|
|Deposits||Rs. 35,136.25||Rs. 32,428.33||Rs. 32,190.15||Rs. 30,368.87||Rs. 25,650.00||Rs. 22,646.00||Rs. 20,224.00|
|Advances||Rs. 26,487.94||Rs. 23,768.72||Rs. 21,972.32||Rs. 22,577.71||Rs. 19,336.00||Rs. 17,144.00||Rs. 16,256.00|
|Forex Turnover||Rs. 15,726.27||Rs. 26,923.36||Rs. 28,411.85||Rs. 23,388.68||Rs. 19,682.00||Rs. 18,926.00||Rs. 15,927.00|
|Net Profit||Rs. 258.58||Rs. 221.92||Rs. 316.66||Rs. 402.16||Rs. 379.00||Rs. 301.00||Rs. 440.00|
|Operating Profit||Rs. 884.24||Rs. 1,005.99||Rs. 875.63||Rs. 725.49||Rs. 607.00||Rs. 613.00||Rs. 690.00|
|Return on Equity||7.36%||6.70%||10.27%||14.39%||15.60%||14.02%||24.08%|
|Return on Assets||0.68%||0.59%||0.86%||1.23%||1.38%||1.19%||2.01%|
|Net Interest Margin||3.65%||3.61%||3.48%||3.52%||3.53%||3.87%||4.33%|
|Capital Adequacy Ratio (Basel II)||16.20%||14.86%||14.05%||12.78%||13.91%||15.73%||15.01%|
|Capital Adequacy Ratio (Basel III)||16.17%||14.83%||14.02%||12.76%||13.89%||15.59%||N.A.|
The vision of the Chairman and Board of Directors of the bank is to develop the bank into a much stronger bank with the higher level of modernization to handle the business volume. Noble thoughts and high ideas of the team of management charged with dynamic spirit of action will take the bank to a greater height, achieving growth in strength and exhibit the bank as a model bank in the Banking industry. To be a progressive bank with strong brand equity, enhancing value for all the stake holders through excellence in performance and good governance.