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City Union Bank opens six new branches in Tamil Nadu, Pondicherry

29 Mar 2014 Evaluate

City Union Bank has opened six new branches in Tamil Nadu and Pondicherry on March 28, 2013. The bank has opened four new branches located at Ambur, Adayar , Royapluram and Egmore in Tamil Nadu. The bank has opened two new branches located at 93, Villianur Road, Reddiarpalayam and Vasantham Nagar, Villianur in Pondicherry.

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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