RBI approves reappointment of N Kamakodi as City Union Bank MD and CEO"We hereby inform that based on the recommendation of the Board of Directors of the Bank, the Reserve Bank of India...has given its approva...
We've always been a banker for the 'aam aadmi', says City Union Bank CEO Dr N KamakodiWe only did one thing, we continued with the old way of banking, without compromising the systems put in over centuries. We are perhaps the...
We're prepared for whatever happens, says City Union Bank CEO Dr N Kamakodi, of a second coronavirus waveEven though things are not looking great, they aren't as bad as the first time around, we've learnt a lot from our experience from during t...
City Union Bank gets RBI nod for reappointing MD&CEOIt said Kamakodi's reappointment is for a further period of three years with effect from May 1, 2020.
City Union loses $2 million in cyberattack, retrieves halfThe ministry of external affairs and consulates in the respective countries have been alerted. The bank is hopeful of getting all the money...
This year, we may see one or two rate hikes from Fed: N Kamakodi, City Union BankWhen promoters ask for some changes in the dispensation, you cannot expect banks to take care of the entire losses and the entire risk, say...
Our profit growth will follow our advances growth rate: N Kamakodi,,City Union BankAbout 70-75 per cent of our slippages had been recovered in the past
City Union Bank Q2 net up 15 per cent at Rs 108 croreCity Union Bank today reported a 15 per cent jump in net profit at Rs 107.84 crore for the second quarter ended September 30.
Banks will have to cut rates; City Union Bank to grow by 12-15% in FY16: N Kamakodi, MD & CEO"The initial signs have come but how quicker that quantum reduction in the rate will happen is what we all are waiting to see."
City Union gets first batch of loan repayment from SpiceJetFor the full fiscal, net profit of the bank grew by 13.8% to Rs 395.02 crore from Rs 347.07 crore during the corresponding period last fisc...
Bankers to SpiceJet not worried about outstanding loansAllahabad Bank, Citibank, City Union Bank, HDFC Bank, ICICI Bank, State Bank of India and YES Bank are the bankers to the airline company.
- Awaiting approval from Sebi for rights issue: Dr. N Kamakodi, City Union Bank
Our immediate capital raising will be through rights issue; later, depending upon the need, we will take a call on QIP's timing, says Dr Ka...
- City Union Bank plans to raise Rs 750 crore during this fiscal
City Union Bank has proposed to raise funds of up to Rs 750 crore through a rights issue and private placement during the current fiscal.
- We hope to grow at 25-30 per cent maintaining the same margin: Dr. N Kamakodi, City Union Bank
Dr. N Kamakodi, MD and CEO, City Union Bank, talks to ET Now on the latest number of the bank and his expectations in the next fiscal. Exce...
- City Union Bank appoints sub-committee on rights issue
The board of private sector lender City Union Bank has decided to appoint a sub-committee on its proposed Rs 400 crore rights issue.
- City Union Bank appoints sub-committee on rights issue
The board of private sector lender City Union Bank has decided to appoint a sub-committee on its proposed Rs 400 crore rights issue.
- City Union Bank Q1 up 31% at Rs 58.51 cr
Private sector lender City Union Bank on Friday reported a 31.86 per cent jump in its Profit After Tax (PAT) to Rs 58.51 crore.