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City Union Bank
http://www.cityunionbank.com/english/home.aspxLast activity: 29.10.2024
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Established in 1904, City Union Bank is amongst the largest old private sector banks in the state of Tamil Nadu. The Bank primarily focuses on lending to traders and small enterprises.
Location: India, Tamil Nadu, Kumbakonam
Employees: 5001-10000
Founded date: 1904
Investors 3
| Date | Name | Website |
| 13.05.2024 | ChrysCapit... | chryscapit... |
| - | TVS Capita... | tvscapital... |
| - | Creador | creador.co... |
Mentions in press and media 19
| Date | Title | Description |
| 29.10.2024 | SBI Card Q2 Net Down 33% to ₹ 404 crore | SBI Cards and Payment Services (SBI Card), country’s largest pure play credit card issuer, on Tuesday reported a 33 percent decline in net profit for the quarter ended September 30, 2024 at ₹404 crore (₹603 crore). The latest bottomline was... |
| 29.10.2024 | City Union Bank to launch new retail products in Q4, eyes growth in FY26 | City Union Bank is preparing for a commercial soft launch of its new retail products, including housing loans and micro-LAP (loan against property), in Q4 of the current fiscal year, with incremental growth expected from these new offerings... |
| 21.10.2024 | City Union Bank posts ₹285 crore profit in Q2 | City Union Bank has reported a marginal increase in its net profit at ₹285 crore for the quarter ended September 30, 2024, when compared with ₹281 crore in the year-ago quarter on the back of higher provisions and tax expenses. The old priv... |
| 24.09.2024 | City Union Bank aims to maintain CD ratio at 83-84% and lower NNPA ratio to 1-1.25% by FY25 | Private sector lender City Union Bank is targeting to maintain the credit-deposit ratio (CD ratio) at 83-84 per cent and lower net non-performing asset (NNPA) ratio to 1-1.25 per cent in FY25, MD & CEO N Kamakodi told businessline. “In ... |
| 29.08.2024 | The Fintech Revolution: Pismo and PayU Lead the Charge in India | The fintech landscape in India is evolving at breakneck speed. With a surge in digital transactions and a growing demand for innovative solutions, companies like Pismo and PayU are at the forefront of this transformation. Their recent annou... |
| 28.08.2024 | Pismo debuts in the Global Fintech Fest 2024 | Global tech specialists to discuss modernisation trends and present local clients BANGALORE, India, Aug. 28, 2024 /PRNewswire/ -- Pismo, the global cloud-native API-based platform, joins the Global Fintech Fest (GFF) for the first time pres... |
| 05.06.2024 | At 120, City Union Bank changes tack, slightly | Over the 120 years of its existence, the City Union Bank’s operating philosophy has been strictly to ‘stick to its knitting’. But now, it has decided to change tack, albeit slightly. Nearly 40 per cent of the bank’s ₹46,500-crore loan book ... |
| 01.06.2024 | Will take decisive steps to stabilise banking system: FM Sitharaman | - |
| 30.05.2024 | Unclaimed deposits with banks rise 26% to Rs 78,213 crore: RBI report | - |
| 21.05.2024 | CUB’s feat: 4-digit PAT for the first time | Aided by lower provisions for NPA and a sharp decline in its cost-to-income ratio, Kumbakonam-based City Union Bank, made a net profit of ₹1,016 crore for 2023-24, crossing the ₹1,000-crore mark for the first time in its 120-year history. T... |
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