Right now in India, if you check out the list of the smallest private banks in the country, you’ll see that almost in all metrics, Tamilnad Mercantile Bank ranks as the 5th smallest private bank in India as of 2025. Though, do not think it is some new bank, nah, it is actually a 1921-established bank that used to be known as just “Nadar Bank” back then. Though, a big change for this bank came in the year 1962 when the people behind this bank decided to serve a broader audience or customer base rather than a specific community in the country.
And look at it now, it is among the 21 private banks in India and seems to be doing really well. Like, right now it has about 572 branches in India. And now let’s get to financial numbers, you know, Tamilnad Mercantile Bank Net Worth & Market Cap stuff. So, let’s get to just that.
| Detail | Information |
| Founded | 1921 |
| Headquarters | Thoothukudi, Tamil Nadu, India |
| Total Branches (2024) | 572 |
| Market Cap (2025) | ₹6,468 crore |
| Total Assets (2024) | ₹97,296.61 crore (~$11 billion) |
How Much is Tamilnad Mercantile Bank Actually Worth?
See, we know that a lot of people out there don’t get it what the net worth or total worth of a bank really means, so here’s the simplest explanation possible, so, a bank’s net worth is essentially the difference between what it owns (assets) and what it owes (liabilities). Simple as that! Though, in most cases, if it is a small bank we’re talking about, you won’t see the net worth number readily available on the internet. And that’s pretty much the case with Tamilnad Mercantile Bank because we only have the total asset data (which is around ₹97,296.61) but the total liabilities of the bank aren’t mentioned anywhere specifically. So it is actually hard to predict things or tell you an exact number. but with a high capital adequacy ratio of 29.37%, the bank is in a strong financial position.
Market Cap Of Tamilnad Mercantile Bank
Sure, we couldn’t tell you the net worth data of Tamilnad Mercantile Bank, but we do have the current market capitalization figure, so stick with us for a moment. You see, before we tell you the exact financial figure aka market cap data of this bank, you should know the fact that this number isn’t always steady. Like, it changes quite a lot. A LOT! That’s just because the share price factor has a BIG influence over this number, so that’s why. Alright, so as of 15th March 2025, Tamilnad Mercantile Bank’s market cap is about ₹6,468 crore, with a share price of good ₹409.40.
