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DBpedia 2014

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Matches in DBpedia 2014 for { ?s ?p Tamilnad Mercantile Bank Limited (TMB) is a bank headquartered in Tuticorin in Tamil Nadu, India. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. For the financial year 2011-2012, the bank reported a net profit of 4845.3 million. The bank currently has 346 full fledged branches throughout India, nine regional offices and eleven Extension Counters, two Mobile Banking branches, six central processing centres, three Currency Chests and 556 Automated Teller Machines(ATM). TMB has plans to open branches in Colombo, Singapore and Malaysia to serve the Tamil community living in those countries.The bank has been growing strongly throughout South India, making inroads into new markets and opening up new branches. TMB is also set to go for an Initial public offering in 2013.The Bank was rated as the fastest growing Indian Bank for the five years from 2007 to 2012. It was also rated as the Best Bank in the Year 2010, 2011 and 2012, due to its fast and robust growth During the years of 2012 and 2013 it did and total business to an whooping amount of 370 billion in an small gap of two financial years. The banks plan outlay for the financial year is to reach business worth 500 billion and add additional of 150 branches and increase its ATM facilities to 600. The Bank is expanding rapidly across Mumbai, Delhi, Kolkata and Gujarat and is in the verge of setting up Branches in Dubai, Kuwait and Doha before Mid- 2014. It has also got the Reserve Bank of Indias clearance in setting up branches in Singapore, Colombo and an unspecified location in Malaysia. The growth model of the bank is said to be the most unique of its kind in the country and is always depicted as the Bank of America of India. The bank on September,2013 won the ASSOCHAM’s Best Private Sector Bank 2013 award.. }

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