Hot Pursuit     27-Jun-23
City Union Bank board to raise Rs 500 cr via QIP
City Union Bank informed that its board has approved the agenda for raising further capital through qualified institutional placement (QIP) route upto Rs 500 crore.
The issuance is subject to approval of shareholders.

City Union Bank offers a wide range of banking and financial services across India, including both domestic and International banking services. It is a private sector bank with 752 branches across 16 states and three Union territories.

The private sector bank's net profit rose 4.3% to Rs 218.04 crore on 13.6% increase in total income to Rs 1,423.09 crore in Q4 FY23 over Q4 FY22.

The scrip rose 0.70% to Rs 123.10 on the BSE.

Previous News
  City Union Bank
 ( Results - Analysis 03-Nov-20   20:27 )
  City Union Bank fixes record date for dividend
 ( Market Beat - Reports 29-Jul-22   13:13 )
  City Union Bank to conduct board meeting
 ( Corporate News - 27-Jan-21   10:06 )
  Board of City Union Bank recommends final dividend
 ( Corporate News - 21-May-24   09:50 )
  City Union Bank standalone net profit rises 15.49% in the September 2021 quarter
 ( Results - Announcements 13-Nov-21   08:17 )
  Volumes spurt at City Union Bank Ltd counter
 ( Hot Pursuit - 20-Nov-19   11:00 )
  City Union Bank Ltd spurts 1.93%
 ( Hot Pursuit - 26-Oct-20   13:05 )
  City Union Bank spurts after Q1 PAT jumps 30% YoY to Rs 225 cr
 ( Hot Pursuit - 10-Aug-22   12:21 )
  City Union Bank opens four new branches
 ( Corporate News - 23-Mar-22   19:32 )
  City Union Bank opens two new branches
 ( Corporate News - 18-Dec-19   15:34 )
  City Union Bank Q2 PAT up 52% YoY to Rs 276 cr
 ( Hot Pursuit - 05-Nov-22   16:18 )
Other Stories
  Shalby drops after PAT slides 20% YoY to Rs 16 cr in Q1 FY25
  08-Jul-24   16:01
  Tata Steel Production rises 5% YoY in Q1 FY24
  08-Jul-24   15:54
  PC Jeweller soars after PNB approves settlement
  08-Jul-24   15:26
  Godrej Inds gains after chemicals arm inks BTA to acquire Ethoxylation Unit II
  08-Jul-24   15:22
  GE Power sizzles after NTPC order win
  08-Jul-24   15:02
  Patel Engineering Ltd leads losers in 'A' group
  08-Jul-24   15:01
  Sundaram Multi Pap Ltd leads losers in 'B' group
  08-Jul-24   14:46
  Marine Electricals jumps after order win
  08-Jul-24   14:33
  Volumes soar at Metro Brands Ltd counter
  08-Jul-24   14:30
  Bank of India Q1 domestic deposits grow 10% YoY
  08-Jul-24   14:25
Back Top