Tamilnad Mercantile Bank- RBI Imposes Re. 1 cr Penalty

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, the RBI said.

Please click ;-

https://www.moneycontrol.com/news/business/rbi-imposes-monetary-penalty-on-city-union-tamilnad-mercantile-bank-6919271.html

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 It appears some shares of Tamilnad Mercantile Bank are available , for sale / purchase ,with Dealers of Rare Indian Shares ( Please Recheck this )