City Union Bank Limited |
| Company type | Public |
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| Industry | Banking, Financial services |
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| Founded | 1904 (1904) |
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| Founders | - R. Santhanam Iyer
- S. Krishna Iyer
- V. Krishnaswami Iyengar
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| Headquarters | Kumbakonam, Tamil Nadu, India |
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Number of locations | 800 branches (2024) [1] |
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Key people | - M.Narayanan
(Chairman)[1] - Dr. N. Kamakodi
(MD & CEO)
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| Products | Asset management, Consumer banking, Corporate banking, Finance and Insurance, Forex, Investment banking, Mortgage loans, Payment solutions, Private banking |
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| Revenue | ₹6,012.22 crore (US$710 million) (2024) [1] |
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| ₹1,516.73 crore (US$180 million) (2024) [1] |
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| ₹1,015.73 crore (US$120 million) (2024) [1] |
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| Total assets | ₹70,825.86 crore (US$8.4 billion) (2024) [1] |
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Number of employees | 7188 (2024) [1] |
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| Capital ratio | 23.7% (2024) [1] |
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| Website | https://www.cityunionbank.com/ |
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City Union Bank Limited is an Indian private sector bank headquartered in Kumbakonam, Tamil Nadu. The bank was initially named Kumbakonam Bank Limited, and was incorporated on 31 October 1904. The bank preferred the role of a regional bank in the Thanjavur district of Tamil Nadu. In FY2022 the bank had a market capitalization of ₹93.62 billion (US$1.1 billion) and operated 774 branches, and 1762 ATMs.[2]
History
The City Union Bank Limited was originally incorporated under the name Kumbakonam Bank as a limited company on 31 October 1904. The bank preferred a regional role and adopted an agency model in the initial years. The first branch was opened in 1930. In 1987, the name of the bank was changed to City Union Bank.[3]
See also
References
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| Institutes | | Central bank | |
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| Regulation | |
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| People | |
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| Buildings |
- Reserve Bank of India Staff College
- RBI Monetary Museum
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Public-sector banks | |
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Private-sector banks | |
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| Foreign banks | | Foreign Bank Branches | |
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| Wholly owned subsidiary (WOS) | |
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| Wound up/closed (or in process) | |
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| Small finance banks | |
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| Payments banks | Surrendered licencees or wound up | |
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Cooperative banks |
- Abhyudaya Co-operative Bank.
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- Kerala Bank
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| Regional rural banks | | Andhra |
- Andhra Pradesh Grameena Vikas Bank
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- Kerala Gramin Bank
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| Acquired | | PSB |
- Bharat Overseas Bank
- Pandyan Bank
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| Wound up |
- Bank of Chettinad
- Dass Bank
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| Failed | |
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| Liquidated |
- Bengal Bank (1784)
- Bank of Bombay (1720)
- Bank of Hindostan
- General Bank of India
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- Nath Bank
- Palai Central Bank
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- The Calcutta Bank (1824)
- The Union Bank (1828)
- The Government Savings Bank (1833)
- The Bank of Mirzapore (1835)
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| Cards | |
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Payment service providers |
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| Related topics | Protocol and codes | |
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Rates & ratios | |
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| Regulators | |
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Insolvency, bankruptcy and reconstruction | | Boards | |
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| Legislation | |
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| Companies |
- ARCIL
- Edelweiss ARC
- IAMCL
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| Legislation |
- Banking Regulation Act, 1949
- Government Securities Act, 2006
- IBC, 2016
- RBI Act, 1934
- SARFESI Act, 2002
- Income-tax Act, 1961
- Companies Act, 2013
- Insurance Act, 1938
- FEMA, 1999
- RDDBFI, 1993
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 NIFTY 200 companies |
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NIFTY 200 | |
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