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
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City Union Bank Expands Presence and Prepares for Q1 Financial Results

1 min read     Updated on 22 Jul 2025, 01:25 PM
scanxBy ScanX News Team
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Overview

City Union Bank opened its 879th branch in Chennai on July 21, 2025. The bank also announced a Board of Directors meeting on July 31, 2025, to approve Q1 financial results ending June 30, 2025. These announcements comply with SEBI regulations, demonstrating the bank's commitment to growth and transparency.

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

City Union Bank , a prominent player in the Indian banking sector, has made two significant announcements that highlight its ongoing growth and commitment to transparency.

New Branch Opening in Chennai

City Union Bank has expanded its physical presence with the opening of a new branch on July 21, 2025. The latest addition to the bank's network is located at Door No.23, Chamiers Road, opposite the Royal Thai Embassy in Nandanam, Chennai. This strategic location in the heart of Chennai is expected to serve a diverse range of customers in the area.

With this new branch, City Union Bank has reached a milestone of 879 branches across its network. This expansion underscores the bank's commitment to enhancing its accessibility and serving a wider customer base.

Upcoming Board Meeting for Q1 Financial Results

In a move that will be of interest to investors and market analysts, City Union Bank has scheduled a crucial Board of Directors meeting for July 31, 2025. The primary agenda of this meeting is to consider and approve the un-audited standalone financial results for the quarter ended June 30, 2025.

It's important to note that these financial results will be subject to a limited review by the Joint Statutory Central Auditors of the bank. This process ensures compliance with regulatory requirements and provides stakeholders with a reliable overview of the bank's financial performance.

Compliance with SEBI Regulations

The bank has duly informed the stock exchanges about these developments, adhering to the regulations set by the Securities and Exchange Board of India (SEBI). Specifically, the announcement of the board meeting complies with Regulation 29(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended.

City Union Bank's proactive communication with the stock exchanges demonstrates its commitment to corporate governance and transparency. The bank has also reminded stakeholders about the closure of the trading window, which was previously communicated on June 26, 2025, in line with insider trading prevention norms.

As City Union Bank continues to grow its physical presence and prepares to disclose its quarterly financial performance, stakeholders will be keenly watching for insights into the bank's operational and financial health in the evolving banking landscape.

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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