MoneyWorks4Me

City Union Bank opens new branch in Tamil Nadu

17 Feb 2014 Evaluate

City Union Bank has opened one new branch located at Amman Nagar, Kamaraj Salai, Veerapandi Pudur in Coimbatore District in the state of Tamil Nadu on February 17, 2013. Earlier, the bank had opened two new branches in Tanjore District on January 27, 2014.

City Union Bank has reported 4.53% rise in its net profit at Rs 89.08 crore for third quarter ended December 31, 2013 as compared to Rs 85.22 crore for the same quarter in the previous year. Total income of the bank has increased by 14.39% at Rs 710.90 crore for quarter under review as compared to Rs 621.47 crore for the quarter ended December 31, 2012.

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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