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City Union Bank inaugurates two branches in Chennai

23 Oct 2012 Evaluate

City Union Bank has inaugurated two branches located at Kundrathur and Madhavaram in Chennai. The bank has inaugurated both the branches on October 17, 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.

Peers
Company Name CMP
HDFC Bank 721.45
ICICI Bank 1352.45
Axis Bank 1245.00
Kotak Mahindra Bank 415.60
Indusind Bank 949.40
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