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City Union Bank inaugurates two new branches in Andhra Pradesh

19 Feb 2013 Evaluate

City Union Bank has inaugurated two new branches in state of Andhra Pradesh on February 15, 2013. The bank has opened first branch at Anakapalli in Visakhapatnam District while the second branch was opened at Tanaku in West Godavari District in Andhra Pradesh state.

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.

Peers
Company Name CMP
HDFC Bank 704.00
ICICI Bank 1351.10
Axis Bank 1237.60
Kotak Mahindra Bank 440.30
Indusind Bank 876.45
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