What is the full form of TMB


(i) TMB: Tamilnad Mercantile Bank

TMB stands for Tamilnad Mercantile Bank. Its main office is in Thoothukudi, Tamil Nadu, India. Initially called the Nadar Bank, TMB was established in 1921. To appeal to a wider audience than only the Nadar people, the Bank renamed itself Tamilnad Mercantile Bank in November 1962. The Bank declared a net profit of ₹ 2585 million for the fiscal year 2018-2019. Five hundred nine complete branches, 12 regional offices, 2 link offices, 2 central processing centers, 1 service branch, 4 currency chests, 48 eLobby centers, 262 cash recycler machines (cash deposit machines), and 1151 automated teller machines (ATMs) are among the Bank's present operations throughout India. Furthermore, the bank is expanding its reach.

TMB Full Form

For each of the five years between 2010 and 2015, TMB was consistently ranked as the fastest-growing private-sector Bank. Because of its strong growth, it was named the Best Bank in 2013, 2014, and 2015. It conducted 616 million rupees worth of transactions in 2018 and 2019. The Bank intends to establish 24 branches, exceed 600 million rupees in sales, and expand its network of ATMs to 1151 during the current fiscal year. The Lokmat BFSI Best Private Sector Bank 2014-15 award has been given to the Bank.

History

Since 1921, Tamilnad Mercantile Bank has been in existence. In 1920, during the Nadar Mahajana Sangam's annual conference in Thoothukudi, the proposal was made to start a bank for the Nadar commercial community.

The Indian Companies Act of 1913 allowed the Bank to be initially registered as Nadar Bank Limited on May 11, 1921. On November 4, 1921, M. V. Shanmugavel Nadar was elected as the first chairman. In the Ana Mavanna Building on Outh Raja Street in Thoothukudi, T. V. Balagurusamy Nadar officially opened the Bank to the public on November 11, 1921. Nadar Bank started operations in 1937 and dissolved its Sri Lankan office by 1939.

Thoothukudi, Madurai, Sivakasi, and Virudhunagar were the Bank's sole four branches by 1947. In 1976, Bengaluru became the Bank's first location outside of Tamil Nadu.

Opening on December 9, 1984, at WGC Road in Thoothukudi, it launched the first completely automated branch. November 11, 2003, was the day the Bank introduced its ATM Card.

A draft red herring prospectus was submitted by the Tamilnad Mercantile Bank to the Securities and Exchange Board of India (SEBI) on September 6, 2021, in an effort to raise money through an IPO. The Securities and Exchange Board of India granted clearance for the company's first public offering. IPO was opened on September 5, 2022, and ended on September 7, 2022.

Technological Endeavors

The first Bank in India's private sector to computerize branch-level operations was Tamilnad Mercantile Bank. Modernization was embraced by the Bank as early as 1983. Currently, Infosys's "FINACLE" software has enabled the Bank to network all 509 of its branches, achieving 100% connection most of the time.

The implementation of RTGS/NEFT facilities in e-banking has been successful since its introduction. In order to offer payment gateway services to online banking clients, the Bank has also established agreements with BillDesk (India ideas.com), CCAvenue (Avenues India), SBI ePay, Atom Technologies, and PayU India. It was the first traditional Bank to provide mobile banking and point-of-sale (POS) terminals to its clients.

To facilitate communication between the Head Office and its many Departments and Regional offices, the Bank has installed a video conferencing facility. For the purpose of operating ATMs, TMB is a member of Social Security.

To enable recipients to receive their remittances more quickly, arrangements have been made with Western Union Money Transfer, UAE Exchange and Financial Services, and other companies for remittances sent to India from abroad. The Bank is able to sell mutual fund products through partnerships with ICICI Prudential, UTI, Reliance, Franklin Templeton, Birla Sun Life, Sundaram, and HDFC mutual funds. For the purpose of providing Demat services, the Bank joined NSDL as a Depository participant. In southern India, TMB was the first Bank to provide ASBA products. Religare Securities are used to facilitate both online and offline share trading. By becoming a clearing bank for MCX and NCDEX, TMB joined the commodities futures market. It was among the first financial institutions in the sector to provide online deposit opening via the TMB e-connect feature.

For customers with anywhere banking accounts, TMB has launched the 'Choose Your Account Number' option. Missed Call Banking allows users to check their account balance, and RuPay Debit Card allows them to pay their BSNL bills through banks. TMB Locations and TMB e-Passbook are two further mobile applications that have been introduced to make banking simpler.


(ii) TMB: Tetramethylbenzidine

TMB stands for Tetramethylbenzidine. Tetramethylbenzidine (TMB) serves as both a visualization reagent in enzyme-linked immunosorbent assays (ELISA) and a chromogenic substrate for staining techniques in immunohistochemistry. When combined with ethyl acetate, this white solid becomes a light blue-green liquid. Both sunshine and fluorescent lights deteriorate this product.

TMB Full Form

Peroxidase enzymes like horseradish peroxidase may use tetramethylbenzidine as a hydrogen donor to reduce hydrogen peroxide to water. A spectrophotometer set to measure wavelengths between 370 and 650 nm can be used to measure the blue color change that results from the subsequent diimine. By adding an acid or another stop reagent, the process can be stopped. Tetramethylbenzidine becomes yellow when sulfuric acid is used. Notably, about 450 nm is the wavelength at which the color may be read.

Because tetramethylbenzidine is photosensitive, it should not be exposed to direct sunlight. Tetramethylbenzidine has the potential to cause cancer, but the reason behind it is unknown, and the available data is conflicting. According to the Ames test, tetramethylbenzidine is not carcinogenic, and a single-arm investigation with 24 rats showed no evidence of tumor growth. Based on those findings, it has been utilized in place of chemicals that are known to cause cancer, such as benzidine and o-phenylenediamine.

Long-term exposure to light can cause tetramethylbenzidine to become sensitive. Exothermic processes neutralize the acid to produce salts and water. Isocyanates, halogenated organics, peroxides, acid phenols, epoxides, anhydrides, and acid halides may not mix well with it. When powerful reducing agents, such as hydrides, are combined with hydrogen gas, flammable gaseous hydrogen may be produced. For horseradish peroxidase detection systems, tetramethylbenzidine is a soluble chromogen substrate. For ELISA techniques, tetramethylbenzidine is often advised.

The synthesis of tetramethylbenzidine and its application as a clinical reagent for blood tests might lead to its discharge into the environment through several waste streams. Tetramethylbenzidine will be present in the ambient environment as both vapor and particle phases if it is released into the atmosphere, with an estimated vapor pressure of 5×10^-7 mm Hg at 25°C. By reacting with hydroxyl radicals generated photochemically, the vapor phase will be broken down in the atmosphere; this reaction has an estimated half-life of five hours in the air.

It is possible for tetramethylbenzidine to undergo direct photolysis in the environment since it absorbs light longer than 290 nm; however, it is uncertain how quickly this can happen. The atmosphere will be cleared of particulate-phase tetramethylbenzidine by both wet and dry deposition methods. An estimated Koc of 4,000 indicates that tetramethylbenzidine should have minimal mobility if discharged into the soil. Predictably, the initial pKa of this compound is 4.2, which means that in acidic environments, it will exist in a partially protonated state and cations will adsorb more readily into soil than neutral molecules. Furthermore, quinone-like complexes that are highly stationary may be formed by tetramethylbenzidine, an aromatic amine, forming covalent connections with humic components.

Given that cations do not volatilize and that the neutral species' estimated Henry's Law constant is 7.7×10^-11 atm-cu m/mole, volatilization from damp soil surfaces is not anticipated to be a significant fate mechanism for tetramethylbenzidine. Based on its projected vapor pressure, tetramethylbenzidine is not anticipated to volatilize from dry soil surfaces.

There was no information available on the product's biodegradation in soil or natural water. Still, screening research utilizing sewage sludge inoculum on a related molecule, 3,3-dimethyl benzidine, indicates that biodegradation will happen gradually in the environment. Fe(III) and a few other cations, which are usually prevalent in ambient fluids and soil, quickly oxidize benzidine-based compounds like tetramethylbenzidine. Tetramethylbenzidine is predicted by the calculated Koc to adsorb to sediment and suspended particles if discharged into water. Because cations are non-volatile and this compound has an estimated Henry's Law constant, volatilization from water surfaces is not likely to be a significant destiny process for either the free base or its conjugate acid. The potential for bioconcentration in aquatic species is substantial, as indicated by the predicted BCF of 290. Due to the absence of hydrolyzable functional groups, hydrolysis of tetramethylbenzidine is not anticipated. In factories where this product is manufactured or utilized, workers may be exposed to tetramethylbenzidine by inhalation or through direct contact with this substance.


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