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City Union Bank Ltd. (CUB.NS)

91.90 Up 1.55(1.72%) 3:21AM EST
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City Union Bank Ltd.
No.24 B, Gandhi Nagar
Kumbakonam, 612001
India - Map
Phone: 91 43 5240 2322
Fax: 91 43 5243 1746

Index Membership:N/A
Industry:Money Center Banks
Full Time Employees:4,215

Business Summary 

City Union Bank Limited provides various banking products and services to individuals and corporate clients in India. It offers savings accounts, current accounts, fixed deposits, recurring deposits, and tax saver gold and silver deposit accounts, as well as non-resident on either or survivor/former or survivor accounts, NRO accounts, and foreign currency non-resident deposits. The company also provides four and two wheeler loans, educational loans, individual housing loan schemes, consumer and jewel loans, loans against deposits, and overdrafts against jewels, as well as demand loans to employees of central/state governments, schools/colleges/other institutions, and other reputed companies/ organizations; and cash credit, secured overdrafts, loans without security, securities loans, bills finance, and small vendors loans, as well as loans for working capital/acquisition of fixed assets. In addition, it offers life and non-life insurance brokerage services; automated teller machine (ATM) services; real time gross settlement and national electronic fund transfer services; demand drafts; standing instruction and nomination facilities; financial inclusion and locker rental services; and online banking services. As of May 26, 2014, City Union Bank Limited operated 425 branches and 950 ATMs. The company was formerly known as The Kumbakonam City Union Bank Limited and changed its name to City Union Bank Limited in November 1987. City Union Bank Limited was incorporated in 1904 and is based in Kumbakonam, India.

Key Statistics

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Key Executives 
Dr. N. Kamakodi B.Tech., MBA, CAIIB, Ph.D., 40
Managing Director, Exec. Pres, Chief Exec. Officer, Director, Chairman of Corp. Social Responsibility Committee, Member of Committee To Review Irregular Advances, Member of Credit Committee, Member of Risk Management Committee, Member of Premises Committee, Member of Special Committee To Monitor Large Value Frauds, Member of Customer Service Committee, Member of Compensation Committee, Member of Information Technology Strategy Committee, Member of Rights Issue Committee, Member
Mr. S. Sundar B.Com., ACA, CAIIB, 59
Chief Financial Officer and Sr. Gen. Mang.
Mr. V. Ramesh M.Sc., ACS, 51
Compliance Officer, Deputy Gen. Mang. and Company Sec.
Mr. S. Sekar B.Sc., JAIIB, 59
Sr. Gen. Mang.
Mr. S. Rajagopalan B Com, 58
Deputy Gen. Mang.
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in INR.