Foreign institutional investors (FIIs) have increased shareholding in City Union Bank by 120 basis points to 33.43% as on July 25, 2014 from 32.23% at the end of June 2014. Besides, domestic institutional investors (DIIs) have also increased shareholding in the company to 10.17% as on July 25, 2014 from 9.79% at the end of June 2014. Meanwhile, promoter and promoter group shareholding was unchanged at 15.94% at the end of March 2014 quarter.
City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards. The Bank operates in four segments, which includes Corporate/Wholesale banking, Retail Banking, Treasury and Other Banking Operations. The Bank offers services, such as Internet banking, mobile banking, including online funds transfer and fixed deposit operations.
