CITY UNION BANK LTD.(CUB)

Description: City Union Bank Ltd. provides various banking products and services to personal and corporate clients in India. The company operates through four segments: Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations. It offers savings and current accounts; salary and NRI accounts; and fixed deposits, flexi fix, recurring, and tax saver deposits. The company also provides four and two wheeler, educational, housing, consumer, jewel, agricultural, working capital, small road transport operator, and foreign currency loans; micro credit, cash credits, bank guarantees, letters of credit, bills finance, and overdrafts services; and international business services, including export, import, remittances, deposits, correspondent banks, and treasury risk management services. In addition, it offers locker facilities, cards, automated teller machines (ATMs), and point of sales services, as well as demat and insurance services; and real time gross settlement, immediate payment service, national automatic clearing house, and national electronic fund transfer services. Further, the company provides cash management, electronic payment, digital and other tech, and payment to government services. As of March 31, 2020, it operated through a network of 700 branches and 1,793 ATMs. The company was formerly known as The Kumbakonam City Union Bank Limited and changed its name to City Union Bank Ltd. in November 1987. City Union Bank Ltd. was incorporated in 1904 and is based in Kumbakonam, India.

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Keywords: Bank Banking Banking Products Cash Management Insurance Services Private Sector Banks In India Transaction Account Business Services Bank Guarantees Karnataka Bank Real Time Gross Settlement Bills Finance Correspondent Banks

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Home Page: www.cityunionbank.com

Officers

Exchange: BSE

Country: IN

Currency: Indian Rupee (INR)