City Union Bank reports fourth quarter net profit at Rs 111.18 crore

For the year ending March 31, 2021, net profits of the bank grew to Rs 592.82 crore from Rs 476.31 crore.

City Union Bank, CUB
Press Trust of India Chennai
1 min read Last Updated : May 28 2021 | 5:17 PM IST

Private sector City Union Bank has reported net profit at Rs 111.18 crore for the quarter ending March 31, 2021.

The Tamil Nadu-based bank had reported a net loss at Rs 95.29 crore during corresponding quarter previous year, the City Union Bank said in a BSE filing.

For the year ending March 31, 2021, net profits of the bank grew to Rs 592.82 crore from Rs 476.31 crore.

Total income for the quarter ending March 31, 2021 was at Rs 1,121.43 crore as compared to Rs 1,220.98 crore registered in the same quarter last year.

For the year ending March 31, 2021, total income stood at Rs 4,839.45 crore as against Rs 4,848.54 crore during corresponding period last year.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :City Union BankIndian BanksBanking sector

First Published: May 28 2021 | 5:08 PM IST

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