16-551: TMB may refer to: Organizations [ edit ] Tamilnad Mercantile Bank Limited , India Texas Medical Board Thai Military Bank Transports Metropolitans de Barcelona , Spain Places [ edit ] Kendall-Tamiami Executive Airport near Miami, Florida, US, IATA code Tsing Ma Bridge , a longest span suspension bridge in Hong Kong Two-Mile Borris ,
32-633: A British comedy music group Other Uses [ edit ] The Third Millennium Bible , a minor update to the King James Version Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title TMB . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=TMB&oldid=1222788689 " Category : Disambiguation pages Hidden categories: Short description
48-399: A Depository participant through NSDL to make available Demat facilities. TMB was the first bank in south India to offer ASBA facilities. It also offers off-line and online share-trading through Religare Securities. TMB entered the commodity futures market by becoming a clearing bank for NCDEX and MCX. It was one of the first banks in the banking industry to have online deposit opening through
64-653: A view to provide enhanced facilities to the bank's customers, the bank shifted its foreign exchange department from Tuticorin to Chennai, and created an integrated Treasury and Foreign Exchange Operations Department with adequate infrastructure to handle trading in Government Securities, Bonds, Shares, foreign exchange and derivatives. TMB is a member of the Society for Worldwide Interbank Financial Telecommunication (SWIFT). TMB has tie-up arrangements with IDBI Bank (136 locations), and HDFC Bank (531 locations). In 2021
80-534: A village in County Tipperary, Ireland Events [ edit ] Tour du Mont Blanc , a walk Science and technology [ edit ] Trimethylborane Tumor mutational burden 3,3',5,5'-Tetramethylbenzidine , a chemical stain. TMB and TMSB series mines Arts [ edit ] The Spirit of Troy , the University of Southern California Trojan Marching Band The Midnight Beast ,
96-853: Is different from Wikidata All article disambiguation pages All disambiguation pages Tamilnad Mercantile Bank Limited Tamilnad Mercantile Bank Limited (TMB) is an Indian bank headquartered at Thoothukudi , Tamil Nadu . TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. The bank currently has 509 full branches throughout India, 12 regional offices and two link offices, two central processing centres, one service branch, four currency chests, 48 eLobby centres, 262 cash recycler machines (cash deposit machines) and 1151 automated teller machines (ATM). For
112-552: The Securities and Exchange Board of India to raise funds through an initial public offering . On 7 June 2022, the company received approval from the Securities and Exchange Board of India for its Initial public offering. Tamilnad Mercantile Bank was the first private sector bank in India to introduce computerisation for branch-level operations. The bank adopted modernization as early in
128-548: The TMB e-connect facility. TMB has introduced "Choose Your Account Number" facility for anywhere banking account holders and introduced Missed Call Banking to check Account Balance, BSNL bill payment through branches and RuPay Debit Card. The bank achieved a turnover of ₹ 15,726 crores in foreign exchange for the year ended March 2019. In terms of forex turnover, TMB ranks first among the Tamil Nadu-based private sector banks. With
144-458: The association was to uplift the entire Nadar community. The thought of establishing a bank under the guidance of the able Nadar business community was mooted out in the Anniversary of Nadar Mahajana Sangam held at Tuticorin in 1920. The proposal was effected soon. The bank was opened by Shri. T. V. Balagurusamy Nadar, the then President of Nadar Mahajana Sangam and the bank threw open its door to
160-493: The bank had only four branches: Thoothukudi, Madurai , Sivakasi and Virudhunagar . The bank opened its first Indian branch outside the state of Tamil Nadu in 1976 at Bengaluru . The first fully computerised branch was opened at WGC Road, Thoothukudi on 9 December 1984. The Bank launched its ATM Card on 11 November 2003. On 6 September 2021, the Tamilnad Mercantile Bank filed a draft red herring prospectus with
176-459: The bank. Nadar Mahajana Sangam Nadar Mahajana Sangam was first established, due to the efforts of T. Ratnasamy Nadar , in 1910. There are several schools and colleges under the control of Nadar Mahajana Sangam. Rattinasami Nadar's uncle, V. Ponnusami Nadar, was elected to become the first president of the association, Nadar Mahajana Sangam. The association was open to any Nadar male of any subcaste or religion. The general purpose of
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#1732855751555192-560: The directors of the bank were fined on two occasions. Once for an amount of ₹ 11.33 crores and ₹ 5.33 crores for another. The fine was for authorising transfer of shares to foreign entities such as RST Limited, Katra Holdings Limited, GHI I Limited, Kamehameha (Mauritius) Limited, FI Investments (Mauritius) Limited, Cuna Group (Mauritius) Limited, and Swiss Re Investors (Mauritius) Limited, Sub-Continental Equities Ltd, Mauritius, and Robert & Adris James Company Limited, Mauritius not authorised by Reserve Bank of India for acquiring shares in
208-542: The financial year 2018–2019, the bank reported a net profit of ₹ 2585 million. The bank won the Lokmat BFSI Best Private Sector Bank 2014–15 award. The history of Tamilnad Mercantile Bank dates back to 1921. The idea to establish a bank for the Nadar business community was first proposed at the annual meeting of the Nadar Mahajana Sangam held at Thoothukudi in 1920. The bank
224-676: The internet banking customers. It was the first old bank to have introduced mobile banking and providing POS machines to their Customers. Tie-up arrangement made with Western Union Money Transfer, UAE Exchange & Financial Services ...etc. for remittances from abroad to India to facilitate quick receipt of remittances by the beneficiaries. The bank has tie-up agreement with ICICI Prudential Mutual Fund, UTI Mutual Fund, Reliance Mutual Fund, Franklin Templeton Mutual Fund, Birla Sun Life Mutual Fund, Sundaram Mutual Fund and HDFC Mutual Fund for selling their Mutual Fund Products. The bank became
240-402: The year 1983. Today all 509 branches of the bank are networked using Infosys 's "FINACLE" Software and have achieved 100% connectivity. RTGS/NEFT facilities in ebanking have been successfully implemented. The bank has also entered into an agreement with BillDesk (India ideas.com), CCAvenue (Avenues India), SBI ePay, Atom Technologies and PayU India for providing payment gateway services to
256-598: Was originally registered on 11 May 1921, as Nadar Bank Limited, under the Indian Companies Act, 1913 . M. V. Shanmugavel Nadar was elected as the first chairman on 4 November 1921. The bank was opened to the public by T. V. Balagurusamy Nadar on 11 November 1921 in Ana Mavanna Building at South Raja Street, Thoothukudi. In 1937, Nadar Bank opened a branch in Sri Lanka , but by 1939 it had closed it. By 1947,
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