TMB has opened a new branch at Proddatur, Andhra Pradesh

Business MInutes

Tamilnad Mercantile Bank Limited (TMB), one of the premier scheduled commercial Banks, has realigned its vision of expanding network to enhance its business after the listing of the Bank’s shares in the stock exchanges. Marching towards the vision, the bank has on 23.05.2024 opened a new branch with onsite ATM/CRM at Proddatur, YSR Kadapa District, Andhra Pradesh State.

Proddatur, YSR Kadapa District, Andhra Pradesh State– 559th Branch

The branch was declared opened by Shri. K.V. Chalapathi Secretary, Shroff Merchants Association, Proddatur, Hon’ble Member of Arya Vysya Sabha and Businessman, Proprietor - Bindu Jewellers. 

Regional Manager, Officers, staff members from the Bank, customers and general public werepresent to grace the function. 

Shri. S.Krishnan, MD & CEO, Tamilnad Mercantile Bank Limited (TMB) said, “On getting listed in the Stock Exchanges, Tamilnad Mercantile Bank Ltd., is back to enrich our vision in expanding the network Pan India. On the course of its expansion, our bank has opened 559th Branch today at Proddatur, YSR Kadapa District, Andhra Pradesh State, we also have plans to open many more branches in the near future covering Pan India. It gives me immense pleasure in sharing this momentous of expansion to all our stakeholders.”

Tamilnad Mercantile Bank Limited (TMB), one of the renowned Old Private Sector Banks having its Head Quarter in Thoothukudi, Tamilnadu has a long cherished history of 100+ years of eventful existence with strong fundamentals and track record of continuous profit making in the industry. TMB is having Pan India presence with 559 branches and 12 Regional Offices across 17 states and 4 Union Territories serving more than 5.30 million delighted customers.


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