Tamilnad Mercantile Bank Limited to Open New Branch in Navi Mumbai
Tamilnad Mercantile Bank Limited has announced plans for its expansion by opening a new branch location in Navi Mumbai. The bank is setting up shop at CBD Belapur, preparing to commence operations on June 30, 2026.The establishment of the new branch marks a step in the bank's growing network and services availability in Maharashtra.
Key details regarding the new branch are as follows:
| Branch Name | Address | Date of Opening |
|---|---|---|
| CBD Belapur | Shop No. 11 & 12, Hilton Centre, Plot No.66, Sector - 11, CBD Belapur, Navi Mumbai, Maharashtra - 400 614 | 30.06.2026 |
The opening of the CBD Belapur branch will provide increased banking access to residents and businesses in the area.
TMB Stock Price Movement
Today, the stock of Tamilnad Mercantile Bank Limited gained 0.6%, settling at ₹736.95 after post-market trading concluded. The equity saw robust activity during the session, with 217,939 shares changing hands as TMB traded within an intraday range of ₹726 and ₹746.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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