Market experts believe that Tamilnad Mercantile Bank is likely to be listed around its issue price due to muted response and mixed analyst views for the lender.The private lender, which raised Rs 831.60 crore from the primary markets between September 5 and 7, is likely to debut on the bourses on Thursday, September 15.
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There is a significant focus on global diversification using Liberalised Remittance Scheme (LRS), Overseas Portfolio Investment (OPI)/ Overseas Direct Investment (ODI) route and integration of