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Tamilnad Mercantile Bank is envisioning a change in its ‘logo’. The new logo will be unveiled along with the announcement of its audited results for 2011-12 on May 3.
The bank is planning to unveil the logo in style by initiating a music concert by Carnatic singer Ms Sowmya.
Mr A.K. Jagannathan, Managing Director and Chief Executive of TMB, said: “When I assumed charge, I had sought a change in the logo, and I will be going out on May 5 after the change.’’
To a query on the proposed IPO, he said: “Nothing has moved. An injunction is there in the Madras High Court. Two AGMs are pending. We will have to wait for now. That’s not likely to happen before my exit.’’
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