Private sector City Union Bank has
recorded a 15.1 per cent rise in its net profits for the
quarter ending June 30, 2018 to Rs 161.65 crore.
The Tamil Nadu-based bank recorded net profits at
Rs 140.33 crore during corresponding period of previous year.
For the year ending March 31, 2018 net profits of the
bank stood at Rs 591.99 crore.
Total income for the quarter ending June 30, 2018 grew to
Rs 1,018.61 crore from Rs 960.86 crore registered during year
For the full year ending March 31, 2018 total income of
The total business of the bank for the quarter ending
registered during same period of previous year.
Gross NPA of the bank as on June 30, 2018 stood at 3.02
its shareholders during May 2018. The process of allotment of
bonus shares in the ratio of 1:10 has been completed by July
2018, it said.