Tamilnad Mercantile Bank (TMB) has disbursed over 10,000 fresh advances amounting to ₹ 927.63 crore under the Emergency Credit Line Guarantee Scheme (ECLGS). Sixty seven per cent of eligible accounts claimed the moratorium under the Covid-19 scheme, said the bank’s Managing Director and Chief Executive Officer KV Rama Moorthy. The Thoothukudi-headquartered bank has reported a 57.6 per cent increase in its net profit for the year ended March 2020 at ₹ 407.69 crore compared with the year-ago’s profit of ₹ 258.58 crore. Sandip Ginodia , Director ALTIUS INVESTECH PVT LTD We deal in over 60 unlisted companies with 15 years of experience . For latest prices visit : www.abhisheksecurities.com/unlisted.htm / call : 09830271248 . Email : ginodiasandip1@gmail.com
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