Tamilnad Mercantile Bank Limited has taken possession of a property to recover outstanding debt. The initial demand notice amount is ₹44,78,815.20. The current outstanding debt balance as of 13-08-2026 stands at ₹45,77,702.20. The action involves a 1,201 Sq. Ft. residential flat unit owned by Mr. Nichena Metla Rajendra Prasad. Detailed regulatory terms are available on the bank website.