City Union Bank has inaugurated one new branch located at Thirumalai Thirunagar, Pudukkottai district in state of Tamil Nadu on March 07, 2014. The bank had recently opened three new branches located at Nedungundram, Thiruvenchery and Padur in Kancheepuram District in Tamil Nadu on February 21, 2013.
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.