TMB: RBI Extends C.S. Ram Kumar's Tenure, Appoints R. Kannan as Additional Directors
Tamilnad Mercantile Bank Limited announced changes in its directorship. The RBI extended the tenure of Additional Director Thiru. C.S. Ram Kumar for two years from October 4, 2026, to October 3, 2028. Additionally, Thiru. R. Kannan has been appointed as an Additional Director for a similar two-year period, replacing Thiru. Visvanathan Srinivasan.
Changes in directorship, especially involving extension and new appointments from the central bank, can have a medium-term impact on governance and strategic direction of the bank.
The announcement pertains to changes in directorship, which are routine regulatory processes and do not inherently suggest a positive or negative financial impact on the company.
Tamilnad Mercantile Bank Limited (TMB) has announced significant changes in its directorship, as per an intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Reserve Bank of India (RBI), through orders dated October 01, 2026, has extended the tenure of Thiru. C.S. Ram Kumar as an Additional Director of the Bank.
Thiru. C.S. Ram Kumar, a retired General Manager from the RBI, will continue in his role for a further period of two years, commencing from October 04, 2026, and concluding on October 03, 2028, or until further orders, whichever is earlier. He brings over 32 years of experience in central banking, with a focus on supervision of non-banking financial companies, payment systems, and foreign exchange. He will serve on the Audit Committee of the Board, the Special Committee of the Board for Monitoring and Follow-up of Cases of Frauds, and the Risk Management Committee of the Board.
Concurrently, the RBI has appointed Thiru. R. Kannan, also a retired General Manager from the RBI, as an Additional Director. His appointment is for a period of two years, effective from October 04, 2026, to October 03, 2028, or until further orders. Thiru. Kannan replaces Thiru. Visvanathan Srinivasan. With over 36 years of experience at the RBI, including in the Department of Supervision, he holds a postgraduate degree in Commerce and is a Certified Associate of the Indian Institute of Bankers. He will also be a member of the Audit Committee of the Board, the Special Committee of the Board for Monitoring and Follow-up of Cases of Frauds, and the Risk Management Committee of the Board.
It has been confirmed that both Thiru. C.S. Ram Kumar and Thiru. R. Kannan are not related to any existing Directors or Key Managerial Personnels of TMB. Furthermore, they are not debarred from holding the office of Director by any SEBI order or other regulatory authority. Thiru. Visvanathan Srinivasan will cease to be a Director of the Bank effective October 04, 2026.
What to do with a filing like this
Tamilnad Mercantile Bank Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Tamilnad Mercantile Bank Limited. Read the original for the full detail.