City Union Bank Expands Network: New Branch in Latur Takes Total to 883

1 min read     Updated on 31 Jul 2025, 03:47 PM
scanxBy ScanX News Team
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Overview

City Union Bank Limited (CUB) opened a new branch in Latur, Maharashtra on July 31, 2025, increasing its total branch count to 883. This follows the opening of three branches in Patna, Rewari, and Malegaon on July 30, 2025. The bank has informed NSE and BSE about these openings in compliance with SEBI regulations. This expansion strategy aims to enhance the bank's presence and accessibility across India.

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*this image is generated using AI for illustrative purposes only.

City Union Bank Limited (CUB) has continued its expansion strategy with the opening of a new branch in Latur, Maharashtra, bringing its total branch count to 883. This move underscores the bank's commitment to enhancing its presence and accessibility across India.

New Branch Details

The new branch, which commenced operations on July 31, 2025, is strategically located at:

  • Plot No. 10, Northline Complex
  • Barshi Road, opposite Hanuman Mandir
  • Latur - 413 531, Maharashtra

Recent Expansion Trend

This latest addition follows closely on the heels of the bank's previous expansion just a day earlier. On July 30, 2025, City Union Bank had opened three new branches:

  1. Patna, Bihar
  2. Rewari, Haryana
  3. Malegaon, Maharashtra

These openings had brought the total branch count to 882, indicating a rapid expansion strategy by the bank.

Regulatory Compliance

In line with its obligations as a listed entity, City Union Bank has promptly informed the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) about these branch openings. This disclosure is in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015.

Implications for Stakeholders

The consistent expansion of City Union Bank's branch network suggests a strong focus on increasing its physical presence across diverse geographical locations. This strategy could potentially lead to:

  • Improved accessibility for customers
  • Enhanced market penetration
  • Increased business opportunities in new regions

As City Union Bank continues to grow its network, stakeholders will be keen to observe how this expansion translates into the bank's overall performance and market position in the coming quarters.

Historical Stock Returns for City Union Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.19%+2.29%-7.22%+24.78%+24.52%+81.55%
City Union Bank
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City Union Bank Expands Network with Three New Branches, Reaches 882 Total

1 min read     Updated on 30 Jul 2025, 06:02 PM
scanxBy ScanX News Team
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Overview

City Union Bank (CUB) has opened three new branches on July 30, 2025, increasing its total branch count to 882. The new branches are located in Patna (Bihar), Rewari (Haryana), and Malegaon (Maharashtra). This expansion is part of CUB's strategy to enhance its presence across diverse geographical locations in India, aiming to cater to a wider customer base and contribute to financial inclusion.

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*this image is generated using AI for illustrative purposes only.

City Union Bank (CUB) has announced the opening of three new branches on July 30, 2025, marking a significant expansion of its banking network. With these additions, the bank's total branch count has reached 882, reinforcing its commitment to enhancing accessibility for customers across India.

Strategic Expansion

The newly inaugurated branches are strategically located in three different states:

  1. Patna, Bihar: Situated on Boring Road, this branch aims to serve the bustling capital city of Bihar.
  2. Rewari, Haryana: Located on Delhi Road, this branch extends CUB's presence in the northern state of Haryana.
  3. Malegaon, Maharashtra: Positioned in the Mahesh Nagar area, this branch strengthens the bank's footprint in Maharashtra.

Branch Details

For those interested in visiting these new locations, here are the specific addresses:

Branch Name Address
Patna Sahdeo Mahto Marg, Shyam Complex, Boring Road, Patna - 800 001, Bihar
Rewari House No.7696 B, Ward No;5, Dharuhera Chowk, Delhi Road, Rewari - 123 401, Haryana
Malegaon Bharat Bhavan Building, Plot No.8, S.No.49/50/249, Near Chatrapati Shivaji Maharaj Putla, Mahesh Nagar, Malegaon - 423 203, Maharashtra

Expanding Reach

This expansion is part of City Union Bank's ongoing efforts to increase its presence across diverse geographical locations in India. By opening branches in both urban centers and emerging markets, CUB aims to cater to a wider customer base and contribute to financial inclusion.

The bank's growth strategy appears to focus on establishing a presence in key economic centers while also tapping into the potential of developing regions. This balanced approach could help City Union Bank in strengthening its market position and offering banking services to a more diverse clientele.

As City Union Bank continues to grow its physical presence, it reinforces its commitment to providing accessible banking services to customers across different parts of the country. This expansion may also contribute to the bank's ability to serve local businesses and support economic growth in these regions.

Historical Stock Returns for City Union Bank

1 Day5 Days1 Month6 Months1 Year5 Years
-0.19%+2.29%-7.22%+24.78%+24.52%+81.55%
City Union Bank
View in Depthredirect
like17
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