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City Union Bank eyes ₹1,000 cr. net profit during FY24
N. Kamakodi, MD and CEO, City Union Bank Ltd. said the bank hopes to achieve this figure despite the headwinds in the operating profit. During FY23, CUB had posted a net profit of ₹937 crore.
Stocks to buy this week: Ashok Leyland, SRF, Godrej Consumer among 12 technical picks; do you own any? | Mint Experts recommend buying technically and fundamentally sound stocks at the current juncture. Tata Coffee was seen trading in a consolation phase for the last two years. CUB has been under pressure for some time, but at this juncture, it is trading near its crucial support.
City Union Bank Q2 standalone net rises marginally to ₹281 cr. City Union Bank Ltd. (CUB) reported standalone net profit for the September quarter rose marginally to ₹281 crore. The bank MD & CEO N. Kamakodi said the financial performance will improve further as we progress.
City Union Bank Q2 standalone net rises marginally to ₹281 cr. City Union Bank Ltd. (CUB) reported standalone net profit for the September quarter rose marginally to ₹281 crore. The bank plans to opens 15 more branches in the next six months.
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 24th August | Mint Vaishali Parekh of Prabhudas Lilladher believes that Nifty has bottomed out at 19,370 levels. Dalal Street sentiments have gone positive after 50-stock index ended above 19,400 levels on Wednesday. On stocks to buy today, she recommended City Union Bank (CUB), MTAR Technologies and SBI Life Insurance.
City Union Bank explores co-lending space for growth City Union Bank Ltd. (CUB) is exploring new opportunities in co-lending space such as housing and vehicle loans. “We have not gone into the retail lending, services lending or NBFC lending in the past,” said bank MD & CEO N. Kamakodi.
City Union Bank explores co-lending space for growth CUB is exploring new opportunities in co-lending space such as housing and vehicle loans. Bank has not gone into retail lending, services lending or NBFC lending in the past, said bank MD & CEO N. Kamakodi.
City Union Bank Q1 net rose marginally to ₹227 cr. City Union Bank Ltd. (CUB) reported standalone net profit for the June quarter. Interest income grew by 15% to ₹1,266 crore, net interest income remained flat.
VB celebrates Australia's Ashes victory over Poms with England Bitter VB made new beer after Ashes controversySlabs of England Bitter were sent to PomsAustralia retained the Ashes thanks to England's bad weather. Carlton United Breweries (CUB) is bringing 'England Bitter' to Australian shores.
CUB likely to appoint Boston Consulting to upgrade digital-lending processes: MD The City Union Bank (CUB) is likely to appoint Boston Consulting Group (BCG) for upgrading its digital-lending processes. The move assumes significance as most of CUB’s peers had grown 14%-16% in the digital- lending space over the last 3-4 years.
CUB likely to appoint Boston Consulting to upgrade digital-lending processes: MD The City Union Bank (CUB) is likely to appoint Boston Consulting Group (BCG) for upgrading its digital-lending processes. Most of CUB’s peers had grown 14%-16% in the digital- lending space over the last 3-4 years, he added.
Cub customers can use their voice to login City Union Bank Ltd., (CUB) in association with Kaizen Secure Voiz Pvt. Ltd., has rolled out voice biometric authentication for logging into its mobile banking application. Customers have to register one time with their voice, which will be validated on various parameters. Later, they can login using their voice.
Cub customers can use their voice to login City Union Bank Ltd., (CUB) in association with Kaizen Secure Voiz Pvt. Ltd., has rolled out voice biometric authentication for logging into its mobile banking application. Customers have to register one time with their voice, which will be validated on various parameters.
Chief Economic Advisor advices students to avoid conflating means and ends Chief Economic Advisor to Government of India V. Anantha Nageswaran on Monday called upon the students to avoid conflating means for ends. Delivered the CUB Shri V.Narayanan memorial lecture on ‘Economic Thoughts in Vasudaiva Kutumbakam’ at SASTRA University.
Chief Economic Advisor advices students to avoid conflating means and ends Chief Economic Advisor to Government of India V. Anantha Nageswaran called upon the students to avoid conflating means for ends. Delivered the CUB Shri V.Narayanan memorial lecture on ‘Economic Thoughts in Vasudaiva Kutumbakam’
City Union Bank rolls out credit card in partnership with 42 CS City Union Bank (CUB), in partnership with 42 Card Solutions Pvt. Ltd. (42 CS), has rolled out Dhi CUB Visa Signature Credit Card. 42 CS would manage the end-to-end credit card processing services.
After a rough Q3, City Union Bank’s path remains uncertain | Mint Shares of City Union Bank (CUB) fell by almost 16% on Monday. This follows concerns about the bank’s asset quality after it reported a sequential rise in its non-performing assets (NPA) during the December quarter (Q3FY23)
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