Intimation Under Reg 40(9) Of The Sebi (LODR)Regulations 2015 For The Half Year Ended 31-03-2017.
Certificate under 40(9) for the half year ended 31st March 2017.11-04-2017
Intimation Under Reg 40(9) Of The Sebi (LODR)Regulations 2015 For The Half Year Ended 31-03-2017.
Certificate under 40(9) for the half year ended 31st March 2017.Statement Of Investor Complaints For The Quarter Ended 31-03-2017
Investor complaints pending at the beginning of the quarter - Nil, Investor complaints received during the quarter - 1, Investor complaints disposed of during the quarter - 1, Investor complaints remaining pending as on 31.03.2017 - NilTier II Series II % - Non Convertible Debentures - Rs.10 cr
City Union Bank Ltd has informed BSE that payment of interest for Bank's Tier II capital - Series II 10% Non Convertible Debentures amounting to Rs.10 cr is due for payment on March 30, 2017 and that the Bank in this connection has made timely payment of interest to respective Debenture holders on March 30, 2017.Updates
Intimation under Regulation 30 SEBI (LODR) Regulations 2015 Opening of 3 branches on 26th March 2017 : Ammapettai, Salem TN Perumanallur, Tiruppur Dist, TN Thirussur - KeralaDemonetisation has hindered progress on the recoveries front, says City Union Bank CEO
Our NPA level is not as alarming as that of some others in the industry'Five attractive small private banks
Exceeding Street expectations after demonetisation, five small private banks have again become market favourites. While these stocks tend to react to any news on consolidation in the sector (they're viewed as acquisition targets), investors should consider them for the strong franchise built over years. In a sector where even large banks struggle to maintain the net interest margin (NIMs) at over three per cent, ensuring this has not proved difficult for these lenders. Here are the five names, which investors could sample in their portfolios.City Union BankThis is among the oldest private sector banks, with a strong grip on market dynamics in the south, particularly Tamil Nadu. This is why despite over half of its loans being to small and medium enterprises (SMEs), it has handled asset quality issues better than others while lending to similar customers. A 63 per cent bias to working capital loans has helped it weather several downturns. Its deposits are retail-oriented (meaning,...