Tamilnad Mercantile Bank

Tamilnad Mercantile Bank one of the oldest private sector scheduled commercial banks in the country,is betting on technology to expand its business in a big way.

 290.00

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TMB is a very closely held company and although there have been talks of IPO, we do not expect one at all. The stock price of TMB is expected to return 20% to 25% per annum.