Tamilnad Mercantile Bank enters into corporate agency agreement with Insurance Companies

Tamilnad Mercantile Bank Limited has entered into corporate agency agreement with the following insurance companies on 23.11.2022 for the purpose of marketing, distribution & selling the general insurance and life insurance products.

1. M/s.Cholamandalam MS General Insurance Company Limited - General Insurance

2. M/s. Max Life Insurance Company Limited - Life Insurance

Shares of Tamilnad Mercantile Bank Limited was last trading in BSE at Rs. 507.35 as compared to the previous close of Rs. 507.25. The total number of shares traded during the day was 2166 in over 278 trades.

The stock hit an intraday high of Rs. 510.00 and intraday low of 505.20. The net turnover during the day was Rs. 1099423.00.

Source : Equity Bulls

Keywords

TamilnadMercantileBank INE668A01016 TMB PrivateBank CorporateAgency InsuranceCompanies General Life