Tamilnad Mercantile Bank Limited (TMB) has bagged the Best Small Bank award in the Best Banks survey for the year 2022. The Best Banks survey was conducted by Business Today- KPMG (BT-KPMG Best Banks Survey). The bank has won the Best Small Bank Award under the category of banks with a book size of less than Rs 1 Lakh crore.
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Tamilnad Mercantile Bank Limited (TMB) was founded in 1921 as the Nadar Bank, later it was changed to Tamilnad Mercantile Bank in 1962. TMB is one of the fastest-growing private sector banks continuously for five years from 2010 to 2015. It was also rated as the Best Bank in the years 2013, 2014, and 2015.
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