City Union Bank inaugurates three new branches in Tamil Nadu

City Union Bank Ltd. | Bank - Private | BFSI | BSE: 532210 | NSE: CUB

13 Feb 2013 Evaluate

City Union Bank has inaugurated three new branches in state of Tamil Nadu on February 07, 2013. The bank has opened two branches - at Guduvancherry and Urapakkam in Kancheepuram District in the state of Tamil Nadu while the third branch is located at Manapakkam in Chennai District in Tamil Nadu.

The bank reported 3.74% rise in its net profit at Rs 80.42 crore for the quarter ended September 30, 2012 as compared to Rs 77.52 crore for the same quarter in the previous year. Total income of the bank has increased by 29.50% at Rs 596.03 crore for quarter under review as compared to Rs 460.24 crore for the quarter ended September 30, 2011.

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