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City Union Bank Limited (CUB.NS)


NSE - NSE Real Time Price. Currency in INR
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168.15+4.10 (+2.50%)
At close: 3:29PM IST

City Union Bank Limited

Narayana No. 24 B
Gandhi Nagar
Kumbakonam 612001
India
91 43 5240 2322
http://www.cityunionbank.com

SectorFinancial
IndustryMoney Center Banks
Full Time Employees4,517

Key Executives

NameTitlePayExercisedAge
Dr. N. Kamakodi B.Tech., MBA, CAIIB, Ph.D.Chief Exec. Officer, Exec. Pres, Managing Director and DirectorN/AN/A43
Mr. V. Ramesh M.Sc., ACSChief Financial Officer, Gen. Mang. of Central Office, Compliance Officer and Company Sec.1.37MN/A54
Mr. K. JayaramanDeputy Gen. Mang. of Investment and AccountsN/AN/AN/A
Mr. V. GopalakrishnanDeputy Gen. Mang. of HRMDN/AN/AN/A
Mr. K. Maharajan BCom, CAIIB, AICWAGen. Mang. of Central OfficeN/AN/A53
Amounts are as of December 31, 2016 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.

Description

City Union Bank Limited provides various banking products and services to individuals and corporate clients in India. It operates through four segments: Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations. The company offers savings and current 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. It 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 and acquisition of fixed assets; and cash credit, secured overdrafts, clean loans, securities loans, and bills finance loans. In addition, the company offers life and non-life insurance services; 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 February 06, 2017, it operated through a network of 536 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.

Corporate Governance

City Union Bank Limited’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.