‘Tamilnad Mercantile Bank’ awarded the 2022 Best Small Bank Award: Tamilnad Mercantile Bank (TMB) has awarded with the “Best Small Bank Award 2022” in the Best Banks Survey of the Year 2022 conducted by Business Today-KPMG (BT-KPMG Best Banks Survey). The bank has won this award under the category of banks with the book size of less than ₹1 lakh crore. The award was announced at the 27th edition of the BT-KPMG Best Banks and Fintechs Awards
‘Tamilnad Mercantile Bank’ awarded the 2022 Best Small Bank Award: All Winners
- Here is the list of winners given during the 27th BT-KPMG Best Banks and Fintechs Awards.
| Categories | Winners |
| Best Bank of the Year | ICICI Bank |
| Best Large Foreign Bank | J.P Morgan |
| Best Mid-Sized Indian Bank | Bank of Maharashtra |
| Best Small Finance Bank | AU Small Finance Bank |
| Best Bank in Innovation | ICICI Bank |
| Best Small Indian Bank | Tamilnad Mercantile Bank (TMB) |
| Best Large Indian Bank | HDFC Bank |
| Best Fintech in Payments | PayU |
| Best Bank in Fintech Initiative | Bank of Baroda |
| Best Bank in Talent and Workforce | Bank of Baroda |
| Special Jury Award for Consistent Transformation | State Bank of India |
| Lifetime Achievement Award | Arundhati Bhattacharya |
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‘Tamilnad Mercantile Bank’ awarded the 2022 Best Small Bank Award: Some Highlights
- The 27th edition of the BT-KPMG Best Banks and Fintechs Awards saw thirteen winners – five quantitative awards and eight jury awards – being addressed by Gadkari, Kamath, and Purie.
- The Business Today Best Banks Awards combine quantitative ranking, utilizing the most comprehensive set of parameters, with qualitative ranking based on bank inputs examined by an eminent jury panel.
- The award ceremony was held at central Mumbai’s St Regis Hotel in the evening with Minister of State for Finance Bhagwat Kishanrao Karad
- Gadkari and Kamath also unveiled the cover of Business Today’s latest issue profiling the best banks in the country.
- The summit also consist of panel discussions which was started by the MD & CEO of Axis Bank Amitabh Chaudhary.
Additional Information about TMB Bank
Type- Private Bank
Founded – 11 May 1921
Headquarter – Thoothukudi (Tamil Nadu)
MD & CEO – S. Krishnan
Governor of RBI – Shaktikanta Das
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