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City Union Bank disclosed RBI approval for appointing Shri Sankaran G as Executive Director (Whole-time Director) for three years. The board appointment and formal disclosures will follow later.
City Union Bank crossed ₹1.5 lakh Cr business, showing strong recovery in NIMs and asset quality.
Q2 FY27 standalone: NII Rs 8,728Mn (+31%), PAT Rs 4,159Mn (+27%), NIM 3.87%, GNPA 1.44%. Deposits +21%, advances +26% YoY. Gold loans ~30% of advances.
City Union Bank reported Q2 FY27 profit after tax of ₹416 Crore, up 27% year on year. Half-year PAT rose 26% to ₹798 Crore.
City Union Bank Ltd reported revenue from operations of ₹2,092 Cr (+26.6% YoY) and net profit of ₹415.9 Cr (+26.6% YoY) for Q2 FY27.
City Union Bank Ltd has filed its quarterly shareholding pattern under Regulation 31(1)(b) of the SEBI Listing Regulations.
City Union Bank has received a GST demand order for ₹208.91 crore under the TNGST Act. The bank intends to pursue legal remedies against this demand.
City Union Bank will hold a board meeting on October 28, 2026, to consider and approve its un-audited standalone financial results for the quarter and half-year.
City Union Bank Limited opened a new branch in Vallancherry, Chengalpattu District on September 25, 2026. This expansion brings the bank's total network to 1002 branches.
ICRA has assigned and reaffirmed credit ratings for City Union Bank's Basel III Tier II bonds and certificates of deposit, respectively.