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News
City Union Bank
City Union Bank News
RBI
21 May 2021
RBI slaps penalty on City Union Bank, 3 other lenders, here’s why
The RBI has imposed Rs 1 crore monetary penalty on City Union Bank. RBI said it has imposed penalty of Rs 1 crore on Tamilnad Mercantile Bank. The central bank imposed a penalty of Rs 90 lakh on Nutan Nagarik Sahakari Bank.
PNB fraud
17 Feb 2018
After PNB, City Union Bank says hit by Rs 12.8 crore fraud caused by SWIFT system
Just like the PNB fraud, no entries of remittances were made in the ledgers of City Union Bank.
City Union Bank
12 Aug 2015
City Union Bank Q1 net up 12% at Rs 112 crore
City Union Bank on Wednesday reported over 12 percent rise in its standalone net profit at Rs 111.56 crore during the first quarter ended June, 2015.
City Union Bank
22 Jun 2015
City Union Bank to raise Rs 500 cr from QIP
Private sector City Union Bank on Monday said it proposes to raise Rs 500 crore through Qualified Institutions Placement (QIP) to fund its business growth.
SpiceJet
23 May 2015
City Union gets first batch of loan repayment from SpiceJet
Private sector lender City Union Bank has received the first batch of repayment of Rs 100 crore from low-cost air carrier SpiceJet, a top official said Saturday.
City Union Bank
24 Jan 2015
City Union Bank Q3 net up 15% at Rs 102.70 crore
City Union Bank Saturday reported an over 15 percent increase in its net profit at Rs 102.70 crore for the quarter ended December 31, 2014.
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