City Union Bank Limited has opened two new branches in the state of Punjab on March 15, 2013. The bank has opened first branch in Chandigarh city while the second branch is been opened at Amritsar city.
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.
