City Union Bank has inaugurated two branches located at Jalladiampet and Semmanjeri in Chennai. The bank has inaugurated both the branches on August 16, 2012.
The bank has posted a rise of 26.29% in its net profit at Rs 73.89 crore for the quarter ended June 30, 2012 as compared to Rs 58.51 crore for the same quarter in the previous year. Total income has increased by 35.94% at Rs 566.90 crore for quarter under review as compared to Rs 417.02 crore for the quarter ended June 30, 2011.