city union bank

Private sector lender City Union Bank (CUB) on Friday signed a corporate agency agreement with Shriram General Insurance to distribute the latter’s insurance products through its network of branches across the country. Under the agreement,…

The net profit of private sector lender City Union Bank grew by 88% in the Q4 of FY21-22 and stood at Rs 208.9 crore The net profit of private sector lender City Union Bank grew by 88% in the Q4 of FY21-22 and stood at  Rs 208.9…

Gross NPAs rose to 5.21% from 2.94% and net NPA more than doubled to 3.44% from 1.47%. City Union Bank Ltd.’s (CUB) standalone net profit for the third quarter ended December rose 15% to ₹196 crore from the year-earlier period on…

New Delhi: IT major is likely to become a member of Sensex from Monday, whereas two-wheeler major is set to exit from the 30-stocks pack. According to a BSE statement, the semi-annual rebalancing of BSE Sensex will come into effect from…

N Kamakodi, MD & CEO of CUB, recently said during an analysts’ call that when the growth of other credit increases, correspondingly the growth of gold loan would also decrease.South India-based private sector lender City Union Bank…

New Delhi: on Friday reported a 15 per cent rise in its net profit to Rs 182 crore for the September 2021 quarter, as provisioning for bad loans and contingencies fell. The bank had posted a net profit of Rs 158 crore in the corresponding…

The bank’s capital adequacy as per Basel III norms stood at 19.58% and tier-1 capital adequacy was at 18.51%, well above the regulatory requirement.City Union Bank (CUB) has reported a 12% increase in its net profit at Rs 173 crore for the…