|₹189.7 / ₹128.7|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
City Union Bank Ltd is one of the leading scheduled commercial banks in the private sector with major presence in urban, semi-urban and rural centers in South India. The Bank operates in four segments, namely Treasury, Retail Banking, Corporate Banking and Other banking operations. Their products include savings accounts, current accounts, fixed deposits, cash certificates, VIP deposit, Flexifix deposits, CUB Smart deposits and tax saver gold deposit account. The Bank's services include automated teller machine (ATM) services, mail transfer, demand draft, phone transfer, standing instructions and nomination facility. The main focus of the bank is lending to MSME, Retail/Wholesale Trade with granular asset profile including providing short term and long term loans to agricultural sector. As of December 2020, the bank had a network of 700 branches and 1749 ATMs across the country. The bank has a strong presence in South India with 628 branches of which 485 are in Tamil Nadu alone. City Union Bank Ltd was incorporated as a limited company on 31 October 1904 with the name, The Kumbakonam Bank Ltd.