Arihants Securities Ltd — Updates, 02-08-2025: Company Update

City Union Bank has reported strong financial results for the quarter. Net profit increased by 16% to Rs 306 crore, driven by a 15% rise in net interest income to Rs 625 crore and a 27% surge in non-interest income to Rs 244 crore. Deposits grew by 20% to Rs 65,734 crore, and advances rose 16% to Rs 54,020 crore. The bank's asset quality improved significantly, with Gross Non-Performing Assets (GNPA) falling to 2.99% and Net Non-Performing Assets (NNPA) improving to 1.20%, indicating healthier loan books for shareholders.