The Tuticorin-based Tamil Nadu Mercantile Bank (TMB) has established its regional office and a branch at Bikshandarkoil near Tiruchi. With this, the bank will have nine regional offices. One more regional office is proposed to be started during the next fiscal, according to Mr K.B. Nagendra Murthy, Managing Director and Chief Executive Officer of the bank.

Addressing a press meet at Tiruchi recently, he said that the bank would leverage the potential of Tiruchi as an educational hub, and cater to the requirements of the agricultural sector in the delta districts along with a thrust to the SME sector.