City Union Bank Opens Three New Branches, Expands Network to 932 Locations

1 min read     Updated on 20 Mar 2026, 06:58 PM
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AI Summary

City Union Bank Limited opened three new branches on March 20, 2026, located in Kurukkathi (Tamil Nadu), Rishikesh (Uttarakhand), and Haridwar (Uttarakhand). The expansion increases the bank's total branch network to 932 branches across India, demonstrating continued growth and geographical diversification in both southern and northern regions.

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City Union Bank Limited has announced the opening of three new branches on March 20, 2026, as part of its ongoing expansion strategy. The bank informed stock exchanges about this development in compliance with Regulation 30 of SEBI Listing Regulations 2015.

Branch Expansion Details

The three new branches have been strategically located across two states, with one branch in Tamil Nadu and two branches in Uttarakhand. This expansion brings the bank's total branch network to 932 branches nationwide.

Branch Name: Branch Number CBS Code Location
Kurukkathi 930 00935 Tamil Nadu
Rishikesh 931 00936 Uttarakhand
Haridwar 932 00937 Uttarakhand

Geographic Presence

The Kurukkathi branch is situated at D.No. 19, Main Road, Kaduvetti Street, Kurukkathi – 611 105, in Kilvelur Taluk, Nagapattinam District, Tamil Nadu. This location strengthens the bank's presence in the southern region.

In Uttarakhand, the Rishikesh branch has been established at 212, Vashisht Kunj, Ganga Vihar, Koyal Ghati, Haridwar Road, Rishikesh – 249 201. The Haridwar branch is located at 267, Ground Floor, Hotel Shiv Murti Grand, Opp. Chowk, Rishikul, Devpura, Haridwar – 249 401.

Network Expansion

With the addition of these three branches, City Union Bank has reached a milestone of 932 branches across India. The expansion reflects the bank's commitment to enhancing customer accessibility and strengthening its geographical footprint in key markets.

The bank's company secretary and compliance officer, Venkataramanan S, signed the official communication to stock exchanges regarding this expansion. The announcement was made to both the National Stock Exchange of India Limited and BSE Limited as per regulatory requirements.

Historical Stock Returns for City Union Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+7.39%+5.37%-12.43%+19.84%+59.26%+54.38%

What is City Union Bank's target for total branch count by the end of FY2027, and which states are prioritized for future expansion?

How will the bank's expansion into Uttarakhand's pilgrimage destinations like Rishikesh and Haridwar impact its deposit mobilization strategy?

What digital banking initiatives will City Union Bank implement to complement its physical branch expansion and reduce operational costs?

City Union Bank Expands Delhi Network with 9 New Branches in March 2026

3 min read     Updated on 18 Mar 2026, 05:10 PM
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AI Summary

City Union Bank executed a comprehensive expansion strategy in March 2026, opening nine new branches in three phases across multiple states. The bank added five branches in Delhi, along with strategic locations in Lucknow, Indore, Vikarabad, and Tamil Nadu, increasing its total network from 920 to 929 branches nationwide.

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City Union Bank Limited has intensified its expansion strategy with the opening of nine new branches across multiple locations in March 2026. The bank has systematically notified stock exchanges about this comprehensive expansion under Regulation 30 of SEBI Listing Regulations 2015.

March Expansion Overview

The bank executed a three-phase expansion plan throughout March 2026, opening five branches on March 13, two branches on March 16, and two additional branches on March 18. This strategic rollout has increased the total branch network from 920 to 929 locations nationwide.

Expansion Phase: Date Branches Opened Running Total
Phase 1: March 13, 2026 5 branches 925 branches
Phase 2: March 16, 2026 2 branches 927 branches
Phase 3: March 18, 2026 2 branches 929 branches
Total New Branches: March 2026 9 branches 929 branches

First Phase Branch Locations (March 13, 2026)

The initial expansion focused on metropolitan markets with three branches in Delhi and strategic locations in Uttar Pradesh and Telangana.

Branch Name: Branch No. CBS Code Location
Preet Vihar: 921 00926 13, Shankar Vihar, Preet Vihar, Vikas Marg, New Delhi - 110092
Kashmere Gate: 922 00927 2781/1, Ward No. 6, Lothian Road, Kashmere Gate, New Delhi - 110006
Azadpur: 923 00928 A-5, Sarai Pipal Thala, Adarsh Nagar, GT Karnal Road, New Delhi - 110033
Lucknow - Gomti Nagar: 924 00929 H.No. 1/19, Vastu Khand, Gomti Nagar, Lucknow – 226010, Uttar Pradesh
Vikarabad: 925 00930 Door no 4-1-230/4, New Gandhi Gunj, Raithu Bazar road, Vikarabad - 501101

Second Phase Branch Locations (March 16, 2026)

The bank extended its reach into Tamil Nadu and Madhya Pradesh markets with two strategically positioned branches.

Branch Name: Branch No. CBS Code Location
Vadakaraiyattur: 926 00931 3/120, Palaniappa Goundar Complex, Indra Nagar, Vadakaraiyattur, Paramathi Velur Taluk – 637 213 Namakkal District Tamil Nadu
Indore - Annapurna: 927 00932 Ground Floor, 5, Bhawanipur Colony, Opp. Progressive Education School, Annapurna Mandir Road, Indore – 452 009, Madhya Pradesh

Third Phase Branch Locations (March 18, 2026)

The latest expansion continued the bank's focus on Delhi market penetration with two additional branches in strategic locations.

Branch Name: Branch No. CBS Code Location
Dilshad Garden: 928 00933 D-216/2, Central Block, Dilshad Garden Near J&K Govt. School, New Delhi – 110 095
Jasola: 929 00934 87, Ground Floor, Nirvana Suites, Pocket – 1 Jasola, New Delhi – 110 025

Geographic Expansion Strategy

The nine-branch expansion demonstrates City Union Bank's comprehensive approach to market penetration across multiple states. The Delhi expansion includes five strategically located branches covering different parts of the national capital, while the bank has also established presence in key cities like Lucknow, Indore, and rural markets in Tamil Nadu and Telangana.

Each new location has been assigned sequential branch numbers from 921 to 929, with corresponding CBS codes for seamless operational integration. The expansion reflects the bank's commitment to enhancing customer accessibility and strengthening its competitive position in both urban and semi-urban markets.

Regulatory Compliance

City Union Bank has maintained full transparency by promptly notifying both BSE and NSE about all branch openings. The communications were signed by Venkataramanan S, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols were followed throughout the expansion process.

Historical Stock Returns for City Union Bank

1 Day5 Days1 Month6 Months1 Year5 Years
+7.39%+5.37%-12.43%+19.84%+59.26%+54.38%

What is City Union Bank's target branch count for the remainder of 2026, and which geographic regions will be prioritized?

How will this rapid expansion impact the bank's operational costs and profitability in the near term?

What competitive advantages is City Union Bank seeking to gain by establishing five branches specifically in Delhi's market?

More News on City Union Bank

1 Year Returns:+59.26%