City Union Bank: Stable Performance; Asset Quality In Check
We maintain our BUY recommendation with a target price of Rs 195/share (2.2x FY23E ABV). City Union Bank (CUB) Q1FY22 performance was largely...
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City Union Bank (CUBK IN)
City Union Bank (CUBK IN)
116
Analysis
Financials • India
City Union Bank Limited is an Indian private sector bank that offers a comprehensive range of banking and financial services, including personal, corporate, and NRI banking, as well as digital services and loans. The bank serves a diverse clientele, focusing on the MSME sector, retail traders, and agriculturalists. Headquartered in Kumbakonam, Tamil Nadu, India, the bank was founded on October 31, 1904.
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