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City Union Bank gets nod to raise Rs 500 crore through QIP

06 Jul 2022 Evaluate

City Union Bank has received approval to raise tune of Rs 500 crore (including premium) through Qualified Institutional Placement (QIP). The board of directors at its meeting held on July 06, 2022 has approved the same.

City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards.

Peers
Company Name CMP
HDFC Bank 680.00
ICICI Bank 1388.50
Axis Bank 1206.20
Kotak Mahindra Bank 442.85
Indusind Bank 831.00
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