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The central bank imposed Rs 63.60 lakh penalty on DCB Bank and Rs 1.32 crore on Tamilnad Mercantile Bank

RBI imposes monetary penalty on DCB Bank, Tamilnad Mercantile Bank for rule violations

Tamilnad Mercantile Bank Ltd. engages in the provision of banking services. It offers loan products, current accounts, business and prepaid cards, online and foreign exchange services. It operates through the following business segments: Treasury, Corporate/Wholesale Banking, and Retail Banking. The company was founded in 1921 and is headquartered in Thoothukudi, India.

Tamilnad Mercantile Bank Ltd

52-Wk High	611.35
52-Wk Low	402.35

TMB.NSE Tamilnad Mercantile Bank Ltd

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