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Business Standard

TMB bets big on MSME sector, ropes in McKinsey for strategic development

The bank in its AGM highlighted its continued focus on growth and transformation, laying out a comprehensive plan for expansion and digitalisation to drive future growth.

Business Line

Movers & Shakers: Stocks that will see action this week

Here is what the charts say about the shares of Bikaji Foods International, Campus Activewear and Tamilnad Mercantile Bank

The Economic Times

RBI approves appointment of Vincent Menachery as Tamilnad Mercantile Bank's Whole Time Director

The Reserve Bank of India has approved the appointment of Vincent Menachery Devassy as the Whole Time Executive Director of Tamilnad Mercantile Bank Ltd. His tenure will be for three years, pending shareholder approval. Devassy brings over 39 years of experience in commercial banking, having started his career at State Bank of India.

CNBC TV18

RBI approves appointment of Salee Sukumaran Nair as MD and CEO of Tamilnad Mercantile Bank

Shares of Tamilnad Mercantile Bank Ltd ended at ₹451.90, up by ₹4.90, or 1.10% on the BSE.

The Economic Times

RBI approves former SBI DMD Salee Nair as TMB CEO

RBI approved the appointment of former SBI Deputy Managing Director Salee Sukumaran Nair for a three-year term after S Krishnan's resignation. Nair, with over 35 years at SBI, has handled key assignments, including roles in corporate accounts and stressed assets. Shareholder approval is pending, and he is expected to start in September.

Business Line

TMB: What should investors do?

Solid financials and uncertainties from legal and regulatory overhangs – both adequately factored in the share price