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City Union Bank opens three new branches in Tamil Nadu

21 Feb 2014 Evaluate

City Union Bank has opened three new branches located at Nedungundram, Thiruvenchery and Padur in Kancheepuram District in Tamil Nadu on February 21, 2013. Earlier, the bank had opened one branch located at 13/A-1, 40 Feet Road, Gandhi Gramam, Vadakuthu in Cuddalore District.

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 682.15
ICICI Bank 1380.30
Axis Bank 1222.00
Kotak Mahindra Bank 454.90
Indusind Bank 859.50
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