City Union Bank

City Union Bank

Type	Public (BSE: 532210)
Industry	Banking Financial services
Founded	1904
Headquarters	Kumbakonam, Tamil Nadu, India
Key people	Dr. N. Kamakodi (MD & CEO)
Products	Investment Banking Commercial Banking Retail Banking Private Banking Asset Management Mortgages Forexs
Revenue	₹1375.81 crore (US$200 million)(2010)
Net income	₹215.05 crore (US$32 million)(2010)
Website	Cityunionbank.com

City Union Bank is an Indian bank. The Kumbakonam Bank Limited, as it was at first called, was incorporated as a limited company on 31 October 1904. The bank initially preferred the role of a regional bank in the Thanjavur District Tamil Nadu.

City Union Bank has now a strong network of 494 computerized branches and 1292 ATMs which is spread throughout India.^[1]

In December 2006 Larsen & Toubro bought 10% of the bank.^[2]

The bank celebrated its 110th years of service on 31st October 2014. ^[3]

References

↑ "City Union Bank IFSC Code". Retrieved 22 January 2015.
↑ "L&T arm buys 10% in City Union Bank". 1 December 2006. Retrieved 22 January 2015.
↑ (PDF) http://www.cityunionbank.com/PageMenuDocs/CUBPRESSRELEASE_SEP_2014.pdf. Missing or empty |title= (help)

External links

Banking in India

Reserve bank	Reserve Bank of India

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Interbank networks	BANCS Cashnet CashTree Cirrus IMPS MITR NFS PLUS RuPay

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Related topics	Banking Codes and Standards Board of India ATM usage fees in India De-Materialisation (DEMAT) Foreign Exchange (FOREX) Indian Financial System Code (IFSC) List of banks in India National Electronic Fund Transfer (NEFT) National Payments Corporation of India Real Time Gross Settlement (RTGS) Structured Financial Messaging System (SFMS) Prepaid Payment Instruments in India

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