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Tamilnad Mercantile Bank Limited — Important, 12-06-2025: General Updates
12-06-2025 | 08:43 pm
12-06-2025 | 08:43 pm
Tamilnad Mercantile Bank has been fined Rs. 25,000 plus GST by BSE and NSE for a brief non-compliance related to board meeting procedures. The bank confirmed no board or committee meetings took place during the period. The Board is pursuing a waiver, and there is no operational or financial impact from the penalty.
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