Private sector lender - City Union Bank - has inaugurated four new branches. The bank has opened one branch at Mylapore in Chennai while the second branch is been opened at Dharasuram in Tamil Nadu. Similarly, the bank has opened the third branch at Chembur in Mumbai while the fourth branch is opened at Perur in Coimbatore. The bank has opened all four new branches on October 24, 2011.
Recently, the bank had inaugurated two new branches. The bank had opened one branch at Keelakarai, Tamil Nadu while the second branch was opened at Nerul (E) - Mumbai, Maharashtra.
City Union Bank is an old private sector bank, with operations mostly concentrated in Southern India. Almost 73% of its total business comes from Tamil Nadu. The bank has a branch network of more than 200 branches spread across the country. Its product range comprises of savings account, current account, fixed deposit, cash certificate, VIP deposit, Flexi fix deposit, CUB Smart deposit and tax saver gold deposit account.
