City Union Bank Limited — Investor Meet, 28-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

City Union Bank Limited reported a 12% year-on-year growth in advances and a 9% increase in deposits for Q2 FY25. The bank expects to maintain improved asset quality, with net NPA projected to reduce to 1-1.25% by year-end. Their cost-to-income ratio improved to 47.06%. Digital initiatives and secured retail lending are underway to enhance growth. The net interest margin rose to 3.67%, signaling positive profitability trends as operational efficiencies improve.