Private sector lender - City Union Bank - has opened three new branches at Chennai in Tamil Nadu on July 27, 2011. The bank has opened the one branch at Ambattur in Chennai while the second and the third branches were opened at Perambur and Velachery respectively.
City Union Bank is an old private sector bank, with operations mostly concentrated in Southern India. Almost 73% of its total business comes from Tamil Nadu. The bank has a branch network of more than 200 branches spread across the country. Its product range comprises of savings account, current account, fixed deposit, cash certificate, VIP deposit, Flexi fix deposit, CUB Smart deposit and tax saver gold deposit account.
