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City Union Bank reports 11% rise in Q2 net profit

07 Nov 2014 Evaluate

City Union Bank has reported results for second quarter ended September 30, 2014.

The bank has registered 11.13% rise in its net profit at Rs 93.75 crore for the quarter under review as compared to Rs 84.36 crore for the same quarter in the previous year. Total income of the bank has increased 10.88% at Rs 773.00 crore for Q2FY15 as compared Rs 697.16 crore for the corresponding quarter previous year.

Gross non-performing assets (NPAs) increased to 2.00% in the July-September quarter as against 1.66% in the same quarter previous year, while net NPAs stood to 1.30%.

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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