TMB Full Form: Know All About TMB Here!
By BYJU'S Exam Prep
Updated on: September 25th, 2023
TMB Full Form: Many people ask what is the full form of TMB when studying for banking examinations. The TMB full form is Tamilnad Mercantile Bank Limited. TMB (Tamilnad Mercantile Bank Ltd.) was founded in 1921 and was previously known as Nadar Bank Ltd. However, in November 1962, it changed its name to Tamilnad Mercantile Bank to appeal to a wider audience than the Nadar community. TMB has established itself as a customer-focused bank that provides smooth individualised services to its clients. TMB’s branches are primarily rural, urban, and semi-urban areas (403 out of 452).
From 2010 to 2015, TMB was consistently ranked as the fastest-growing private sector bank for five years. Due to its strong development, it was also named the Best Bank in 2013, 2014, and 2015. In the years 2018 and 2019, it transacted a total of 616 billion rupees in commerce.
Table of content
Organisational Structure Of TMB
As a Board of Directors and Executives, the bank has been fortunate in having highly eminent and honest men of vision and incredible talent.
The bank’s ever-increasing profit figures demonstrate the management’s effectiveness. The bank, which began with a bit of capital of Rs. 5 lakhs, has an outstanding track record, having crossed a net value of Rupees Thousand crores as of March 31, 2010, making it a strong and stable financial institution.
|
Name |
Position |
|
Shri M.V .Shanmugavel Nadar |
Founder Chairman |
|
Thiru K.V. Rama Moorthy |
Managing Director and Chief Executive Officer |
|
Thiru A. Shidambaranathan |
Vice President |
|
Shri M. VE. Kasisamy Nadar |
Founder Director |
|
Shri K.A.M.A. Kaliyappa Nadar |
Founder Director |
|
Shri T.V. Balagurusamy Nadar |
Founder Director |
|
Shri P.K.S.A. Arumuga Nadar |
Founder Director |
|
Shri M.VE. Ratnasamy Nadar |
Founder Director |
|
Shri AR.A.S. Arumugasamy Nadar |
Founder Director |
|
Shri W.P.A. Marimuthoo Nadar |
Founder Director |
|
Shri A.M.M. Sinnamani Nadar |
Founder Director |
|
Shri AR.A. Shenbaga Nadar |
Founder Director |
Headquarters of TMB
TMB is an Indian bank with its headquarters in Thoothukudi, Tamil Nadu. Tamilnad Mercantile Bank Ltd. (TMB) is one of South India’s most powerful scheduled commercial banks. According to Basel II standards, the bank has one of the best financial positions and a very high CAR. TMB has locations in 14 states and five union territories. The Bank had a network of 430 branches and 880 ATMs as of March 31, 2015.
Products And Functions of TMB
TMB’s operations are diverse because it engages in various personal, corporate, and international banking products. Savings account, current account, housing loan, vehicle loan, education loan, two-wheeler loan, and personal loan are only a few of its deposit account and loan offerings. In addition, the bank provides investment and card services such as fixed deposits, recurring deposits, credit cards, and debit cards.
TMB’s SMS Banking service allows users to receive SMS alerts on their mobile phones for any transactions in their accounts. Customers can use their mobile phones to access their bank accounts and conduct all key transactions with TMB mobile banking. Customers can use TMB net banking to check account balances, transfer funds, pay bills online, recharge mobile phones, and much more. Account users can also call the TMB customer service number for prompt resolution of their difficulties and grievances, as well as answers to their questions.
Vacancies in TMB
By visiting the TMB Careers website, candidates may discover more about their company, what it’s like to work there, and how to apply for current positions.
TMB Full Form, TMB History, TMB Functions, and TMB Vacancies were all discussed in this article. We hope this would be extremely beneficial for a banking exam. Please contact us if you have any questions, and we will gladly assist you.
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