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    City Union Bank Ltd. (CUB.NS)

    120.45 Up 4.05(3.48%) Jul 1, 5:59AM EDT
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    City Union Bank Ltd.
    Narayana No. 24 B
    Gandhi Nagar
    Kumbakonam, 612001
    India - Map
    Phone: 91 43 5240 2322
    Fax: 91 43 5243 1746
    Website: http://www.cityunionbank.com

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

    Business Summary 

    City Union Bank Limited provides various banking products and services to individuals and corporate clients in India. The company operates through four segments: Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations. It offers savings, current, and resident foreign currency accounts; fixed deposits, cash credit, flexi fix, monthly savings, and tax saver gold and silver deposits; NRE and 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 companies/organizations; loans for working capital assistance; and cash credit, secured overdrafts, clean loans, securities loans, bills finance, and small vendors loans. In addition, it offers life and non-life insurance 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 March 31 2016, City Union Bank Limited operated 525 branches. 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., 42
    Chief Exec. Officer, Exec. Pres, Managing Director, Director, Chairman of Corp. Social Responsibility Committee, Member of Premises Committee, Member of Special Committee To Monitor Large Value Frauds, Member of Committee To Review Irregular Advances, Member of Rights Issue Committee, Member of Qip Management Committee, Member of Credit Committee, Member of Customer Service Committee, Member of Risk Management Committee and Member of Information Technology Strategy Committee
    Mr. V. Ramesh M.Sc., ACS, 53
    Chief Financial Officer, Compliance Officer, Gen. Mang. and Company Sec.
    Mr. K. Maharajan B Com, Caiib, Aicwa, 52
    Gen. Mang.
    Mr. R. Krishnan M Sc, CAIIB, 57
    Deputy Gen. Mang.
    Mr. A. Ragothaman B Com, CAIIB, 60
    Assistant Gen. Mang.
    Amounts are as of Dec 31, 2015 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.