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Tamilnad Mercantile Bank Limited IPO. Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs), and more. TMB has a strong portfolio of advances and deposits from a diversified customer base including retail customers, agricultural customers, and MSMEs. As of March 31, 2022, the bank has a strong branch network of 509 branches and a total customer base of 5.08 million. TMB has a significant market presence in the state of Tamil Nadu with 369 branches, and is also present in 15 other states and 4 union territories of India. Tamilnad Mercantile Bank Limited IPO Details IPO Size INR 65.58 CR IPO Opening Date 05, Sep 2022 IPO Closing Date 07, Sep 2022 Allotment Date 12, Sep 2022 IPO Listing Date 15, Sep 2022 Price Band ₹500 to ₹525 per share Minimum 28 Shares Maximum 364 Shares Click on the link to open your Demat account and start trading

The Dubai Mercantile Exchange (DME), the leading energy futures exchange in the Middle East, announced today that its Membership Committee has approved the application of Marex North America LLC to become a Clearing Member with effect from April 26, 2012. Marex North America is a subsidiary of Marex Spectron, the world's largest privately owned broker of financial products in the commodities sector and a leader in brokering physical energy products. Marex Spectron becomes the 20th Clearing Member of the Exchange

As a result of a drought in Brazil, Argentina and Paraguay, future prices of soybeans are going up at the Chicago Mercantile Exchange. Last week, the value of soybean reached the record of US$ 13.80 a bushel, increasing 23.6 percent since December.