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Tamilnad Mercantile Bank Ltd
57, V. E. Road
Phone: +91 4612321382p:+91 4612321382 THOOTHUKUDI, 628002  India Ticker: TMBTMB
Business Summary
Tamilnad Mercantile Bank Limited (the Bank) is engaged in providing banking and financial services, including retail, corporate banking, and para-banking activities, as well as treasury and foreign exchange business. Its segments include Treasury segment, which comprises investments in central and state government securities, debt instruments of banks, financial institutions, insurance companies, public sector units, corporates, certificates of deposit, equity shares, and mutual funds. The Corporate and Wholesale Banking segment focuses on advances to trusts, partnership firms, companies, and statutory bodies. The Retail Banking segment provides fund lending and other banking services to any legal person including small business customers, on the basis of the borrower, nature of the product, granularity of the exposure and quantum thereof. The Other Banking Operations segment cover para-banking services activities like bancassurance, demat services, and other banking transactions.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes--Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/20253/31/2024Yes----

Industries
SIC Code Description
6029 Commercial banks, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Managing Director Salee S.Nair 8/29/2024 8/29/2024
Chief Financial Officer Sanjoy K.Goel 3/20/2025 3/20/2025
Compliance Officer, Company Secretary Swapnil A.Yelgaonkar 6/18/2024 3/28/2024
7 additional Officers and Directors records available in full report.

General Information
Number of Employees: 4,602 (As of 3/31/2024)
Outstanding Shares: 158,351,454 (As of 3/31/2025)
Stock Exchange: NSE


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Monday, June 30, 2025