City Union Bank Limited — Important, 22-07-2025: Updates

City Union Bank reported total advances of ₹53,066 Crore, with ₹450.08 Crore allocated to green and solar financing. The bank expanded its footprint by opening 75 new branches and increased its workforce to 7,677 employees. Significant strides were made in sustainability, notably reducing overall energy consumption by 14% and Scope 1 carbon emissions. Digitalization initiatives, including eKYC and AI-based credit assessments, continue to advance. Customer complaints for essential services decreased, and no cybersecurity incidents were reported. The bank also incurred a minor regulatory penalty from RBI for compliance issues.