City Union Bank Limited
City Union Bank Limited is a banking company. The Bank's segments include Treasury, Corporate and Wholesale Banking, Retail Banking and Other Banking Operations.(Source : Company Web-site )
What City files
- Investor Meet91
- Others57
- Important46
- Updates45
- Board Meeting11
- PPTs8
City Union Bank opened its 1001st branch in Madurai, marking operational expansion. This development enhances market reach and sets the stage for potential growth in deposits and loan book.
City Union Bank posted strong Q1 FY27 results: Profit After Tax rose 25% to ₹383 Cr. Deposits grew 21% and Advances 25%. Asset quality improved significantly, with Gross NPA at 1.73% and Net NPA at 0.61%. Net Interest Margin stood at 3.78%.
City Union Bank has allotted 24.77 Cr bonus equity shares of Re. 1 each, in a 1:3 ratio. This increases total outstanding shares, benefiting existing investors.
RBI levied a Rs. 0.101 Cr penalty on the bank for non-compliance on agriculture priority sector loan charges and not reporting SHG member data. This regulatory fine has minimal financial impact.
RBI has approved Kotak Mahindra Bank to acquire up to 9.99% of City Union Bank's paid-up share capital or voting rights. This paves the way for a potential strategic investment by Kotak in CUB.