Tamilnad Mercantile Bank rises on partnering with Fin Meadows Technologies [Banking]
AI Summary1 min read
TL;DR
Tamilnad Mercantile Bank's stock rises after partnering with Fin Meadows Technologies. The bank provides diverse banking services to retail, MSME, agricultural, and corporate customers.
Tags
Bank - PrivateBankingTamilnad Mercantile BankFin Meadows Technologiesbanking partnershipMSME loansagricultural loans
The bank offers banking products and services to retail, MSME, agricultural and corporate customers. Its retail asset products include home loans, personal loans, auto loans, educational loans, business loans as well as security-backed loans of various types to its retail customers. Its MSME portfolio consists primarily of various loan products to its MSME customers such as manufacturing, traders and services sector. Its loans to the agricultural sector include loans to individual farmers, group of farmers, agriculture businesses and agriculture corporate.