City Union Bank inaugurates two new branches

City Union Bank has inaugurated two new branches located at Amalapuram in Andhra Pradesh state and Tirupathur in state of Tamil Nadu. The bank has opened both the branches on December 19, 2012.

Recently, 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.