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City Union Bank Limited's board has approved doubling its authorized share capital from 100 Crore shares to 200 Crore shares of ₹1 face value each. The increase is intended for general business purposes and remains subject to RBI approval under the Banking Regulation Act.
City Union Bank Limited recommended a 1:3 bonus issue and a final dividend of ₹2 per share for FY 2025-26. The total financial implication of these actions is ₹173.39 Crore. The bonus shares are expected to be credited by June 26, 2026, pending shareholder approval.
City Union Bank Limited has appointed Mr. R Mohan as a Non-Executive Independent Director for a four-year term effective April 27, 2026. Mr. Mohan brings 39 years of banking experience, having previously served as the bank's Chief General Manager and part-time Chairman.
City Union Bank Ltd opened 13 new branches on April 27, 2026, across locations including Hyderabad, Bengaluru, and New Delhi. This expansion brings the bank's total network to 1,000 branches nationwide.
City Union Bank approved increasing its Authorized Share Capital to ₹200 Crore, divided into 200 Crore equity shares of Re. 1 each. This capital expansion is subject to RBI and shareholder approval.
City Union Bank Limited has appointed Shri R Mohan as an Additional Director (Independent) effective April 27, 2026, subject to shareholder approval. Shri Mohan, 71, brings 39 years of banking experience, having previously served as the bank's Chief General Manager and part-time Chairman.
City Union Bank Ltd reported revenue from operations of ₹1,856 Cr (+21.1% YoY) and net profit of ₹359.6 Cr (+24.9% YoY) for Q4 FY26.
City Union Bank reported FY2026 financial results with a net profit of ₹1,326.23 Crore. The Board recommended a 200% dividend (₹2 per share) and a 1:3 bonus share issue. These results reflect steady performance and a commitment to rewarding shareholders through both cash payouts and capitalization of reserves.
City Union Bank Ltd opened seven new branches on April 24, 2026, across Karnataka, Uttar Pradesh, Tamil Nadu, and West Bengal. This expansion brings the bank's total network to 987 branches, strengthening its national operational presence.
City Union Bank Ltd opened two new branches on April 23, 2026, in Rajamahendravaram and Surat. This expansion brings the bank's total network to 980 branches. The move signifies continued geographical growth and operational scaling for the lender.
City Union Bank Ltd opened five new branches on April 22, 2026, across Lucknow, Jammu, Ahmedabad, and Jaipur. This expansion brings the bank's total branch network to 978 locations nationwide.
City Union Bank has opened two new branches in Surat, Gujarat, and Sawai Madhopur, Rajasthan, as of April 21, 2026. This expansion brings the bank's total network to 973 branches, reflecting continued growth in its operational footprint across India.
City Union Bank Ltd opened seven new branches on April 20, 2026, across Tamil Nadu, Haryana, Delhi, and Rajasthan. This expansion brings the bank's total network to 971 branches. The new locations include Eraviputhoor, Poonampalayam, Rettaiyaval Ukkadai, Panchkula, Lawrence Road, Vikaspuri, and Banswara.
City Union Bank Limited has scheduled a Board Meeting for April 27, 2026, to consider audited financial results for the year ended March 31, 2026. The board will also consider a dividend and bonus share issuance. The trading window remains closed until April 29, 2026.
City Union Bank Limited has scheduled a board meeting on April 27, 2026. The board will consider audited yearly financial results for the period ended March 2026, along with potential dividend and bonus share declarations. Trading windows are closed from April 1 to April 29, 2026.
City Union Bank Ltd will hold a Board Meeting on April 27, 2026, to approve audited financial results for FY2025-26. The board will also consider recommending a dividend and a bonus share issue. The trading window remains closed until April 30, 2026.
City Union Bank opened a new branch in Kokapet, Hyderabad, on April 17, 2026. This addition brings the bank's total network to 964 branches. The expansion strengthens the bank's presence in the Telangana region.
City Union Bank Limited opened four new branches on April 16, 2026, in Kakkanad, Thakurpukur, Shakespeare Sarani, and Srikalahasti. This expansion brings the bank's total network to 953 branches. The move aligns with the bank's strategy to strengthen its operational presence across Kerala, West Bengal, and Andhra Pradesh.
City Union Bank Ltd opened three new branches on April 15, 2026, in Barmer (Rajasthan), Zirakpur (Punjab), and Lucknow (Uttar Pradesh). This expansion brings the bank's total network to 959 branches. The move aligns with the bank's strategy to strengthen its geographical presence across India.
City Union Bank Limited (CUB) opened six new branches across Kerala, Madhya Pradesh, Telangana, and Gujarat on April 13, 2026. This expansion brings the bank's total network to 956 branches. The move aligns with the bank's strategy to strengthen its geographical presence and operational reach in key Indian markets.
City Union Bank Limited allotted 43,166 equity shares on April 11, 2026, under its Employee Stock Option Scheme. This increases the bank's paid-up share capital from 74,30,47,262 to 74,30,90,428 shares.
City Union Bank Ltd allotted 43,166 equity shares worth approximately ₹0.62 Crore to its MD & CEO, Dr. N Kamakodi, following the exercise of options under the ESOS 2017 scheme. Consequently, the bank's paid-up capital increased to ₹74.31 Crore.
City Union Bank Ltd opened a new branch in West Mambalam, Chennai, on April 10, 2026. This expansion brings the bank's total network to 950 branches across India.