ADVERTISEMENT
City Union Bank Is Facing Headwinds But Hoping For Renewal
City Union Bank's performance has lagged peers and its margins are expected to stay under pressure.
05 Jun 2023, 07:54 AM IST i

Save

City Union Bank Vallioor Branch. (Source: Bank's official Facebook page)
For City Union Bank Ltd., the end of financial year 2023 was little to write home about.The bank primarily caters to small companies and the agricultural sector. Its presence is concentrated in Tamil Nadu and with a loan book of Rs 43,791 crore, City Union Bank is among India’s smaller, and older, private banks. But its performance is lagging that of its peers. City Union Bank’s net interest margin or NIM—the gap between interes...

I’m already a Subscriber
To continue reading this story
Subscribe to Unlock & Enjoy your
Subscriber-Only benefits
Subscriber-Only benefits
Choose a plan
Renews automatically. Cancel anytime.
Access to
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Subscriber-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Subscriber-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT