ADVERTISEMENT
'Buy' City Union Bank, Maintains ICICI Securities, Sees New LOS To Boost Efficiency, Scale, Risk Management
City union Bank does not see any material headwinds in its gold loan business due to the recent guidelines, hence ICICI Securities maintains 'Buy' on the stock.
27 Mar 2025, 11:15 AM IST 
.png?auto=format%2Ccompress&fmt=avif)
City union Bank reiterated its growth guidance of 12–14% YoY for FY25 and acceleration to 15–16% YoY for FY26.
(Source: Bank's official Facebook page)
City union Bank aims to improve the share of ‘green’ cases, from currently 15–20% to 35–40% over the medium term, leading to better efficiency and productivity. The initial results have been encouraging with a rise in throughput and miniscule (<0.4%) SMA2+NPA.
