The record
Written from the 1 report below. Nothing here is unsourced.
- City Union Bank reported a 25% rise in its first-quarter profit, according to the report.
- The bank also saw a surge in net interest income during the quarter.
- Asset quality improved compared with the earlier period.
- Provisions stood at Rs 78 crore, up from Rs 70 crore in the same quarter last year.
What to watch next
- Whether the improved asset quality trend continues in coming quarters
- How net interest income growth holds up in the next quarter
- Future provisioning levels relative to the current Rs 78 crore
Coverage1
1 report
English national1
All filed from India
Named India · City Union Bank
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