City Union Bank has opened the Branch at Pali, Rajasthan on July 18, 2013. Earlier, bank had inaugurated one new branch located at Mehdipatnam, Andhra Pradesh on July 08, 2013.
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.