📷 Image: Wikimedia Commons / Antonio Vera
Business
Tamilnad Mercantile Bank to Open New Branches in Adoni and Thoothukudi on Nov 11
✍️ Sahi
🗓 11 Nov 2026, 09:18 AM
👁 7
Tamilnad Mercantile Bank announced that it will inaugurate two new branches, one in Adoni, Andhra Pradesh, and another in Thoothukudi, Tamil Nadu, on 11 November.
Tamilnad Mercantile Bank, a mid‑tier private lender headquartered in Chennai, disclosed its plan to expand its footprint by opening two new branches on 11 November. The first outlet will be situated in Adoni, a commercial hub in Kurnool district of Andhra Pradesh, while the second will be located in Thoothukudi, a port city in southern Tamil Nadu.
The bank’s statement highlighted that the new branches are part of a broader strategy to deepen its presence in tier‑2 and tier‑3 markets, where demand for retail banking services remains strong. Both locations are expected to offer the full suite of the bank’s products, including savings accounts, loans, and digital banking facilities.
Local officials in both cities welcomed the move, noting that the additional banking infrastructure could boost financial inclusion and support small‑business growth. The openings are slated for a joint ceremony on 11 November, with senior bank officials and municipal representatives in attendance.
The expansion brings Tamilnad Mercantile Bank’s branch network to over 300 locations nationwide, reinforcing its commitment to serve customers across the southern and central regions of India.
The bank’s statement highlighted that the new branches are part of a broader strategy to deepen its presence in tier‑2 and tier‑3 markets, where demand for retail banking services remains strong. Both locations are expected to offer the full suite of the bank’s products, including savings accounts, loans, and digital banking facilities.
Local officials in both cities welcomed the move, noting that the additional banking infrastructure could boost financial inclusion and support small‑business growth. The openings are slated for a joint ceremony on 11 November, with senior bank officials and municipal representatives in attendance.
The expansion brings Tamilnad Mercantile Bank’s branch network to over 300 locations nationwide, reinforcing its commitment to serve customers across the southern and central regions of India.