Tamilnad Mercantile Bank enters into corporate agency agreement with Bajaj Allianz

Tamilnad Mercantile Bank Limited has entered into corporate agency agreement with Bajaj Allianz Life Insurance Company Limited on December 7, 2022.

The arrangement is for the purpose of marketing, distribution & selling the life insurance products.

Shares of Tamilnad Mercantile Bank Limited was last trading in BSE at Rs. 511.85 as compared to the previous close of Rs. 520.85. The total number of shares traded during the day was 5070 in over 696 trades.

The stock hit an intraday high of Rs. 523.70 and intraday low of 508.00. The net turnover during the day was Rs. 2606907.00.

Source : Equity Bulls

Keywords

TamilnadMercantileBank INE668A01016 TMB PrivateBank CorporateAgencyAgreement BajajAllianz LifeInsurance