Press Release

official press releases

Welcome to Press Release at Tamilnad Mercantile Bank.

Press Release

Find the latest news worthy happenings at TMB. Get the latest upto date press release / announcements about new product launches, interest rates revisions, branch openings, atm openings, and other related information from us.


Please see Sale Notice for all updates about Sale Notices.

Request for Proposal (RFP) for GST Implementation & Compliance

Jul21

This "Request for Proposal", hereinafter called "RFP", seeks to engage a GST Implementer Firm, which has the capability and experience, to implement Goods and Service Tax completely in our organization, as covered under the Scope of Work. Last date for ap read more >>

MCLR Lending Rates w.e.f. 01 July 2017

Jul1

Current Updated Marginal Cost of Funds based Lending Rates (MCLR) w.e.f. 01.06.2017 read more >>

Impressive Financial Performance of the Bank for FY 2016-17

Jun27

See the complete financial performance highlights and audited balance sheet along with relevant annexures and disclosures for the financial year 2016-17. read more >>

Implementing Nationwide GST Rollout

Jun22

We welcome the implementation of the Uniform One Nation One Market Goods & Service Tax Reforms implementation & in line with the subtle changes GST brings in, all our service charges will attract a GST (earlier service tax) rate of 18% w.e.f. 1 July 2017. read more >>

Notice of record date for Second Interim Dividend for FY 2016-17

Jun14

Notice is hereby given that pursuant to Section 91 of the Companies Act, 2013, Friday, June 23, 2017 is fixed as record date for the purpose of determining the name of the members entitled to receive the second interim dividend of Rs. 1.20 (12%) per share read more >>