 "City Union Bank")
Private sector City Union Bank (CUB) on Thursday reported a 17 per cent decline in net profit at Rs 154.04 crore for the June quarter.
The bank had posted a net profit of Rs 185.65 crore in the corresponding period of the previous fiscal, CUB said in a regulatory filing.
It had logged a loss of Rs 95.29 crore in the preceding quarter ended March 2020.
Total income during April-June 2020-21 rose to Rs 1,209.95 crore from Rs 1,192.53 crore in the same quarter last year.
Provisions for bad loans and contingencies increased to Rs 157 crore from Rs 115.75 crore earlier. However, it
