Union bank

City Union Bank opens 4 new branches in India

City Union Bank has announced the opening of four new branches in various districts of Gujarat, Rajasthan and Andhra Pradesh.

In line with the filling of the exchange, the bank opened two new branches in Alwar and Bhiwadi (Rajasthan), and one in Odhav-Nikol, Ahemdabad (Gujarat) and Nad Junction, Vishakhapatnam (Andhra Pradesh).

City Union Bank’s net profit increased by 15.4% to Rs 196.12 crore on a 5.7% decline in total revenue to Rs 1195.24 crore in Q3 Dec 2021 compared to Q3 Dec 2020.

City Union Bank offers a wide range of banking and financial services across India including domestic and international banking services.

Shares of City Union Bank rose 4.83% in yesterday’s trading to close at Rs 125.80 on BSE.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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