City Union Bank Ltd. | Company Profile
Contact Information
Industry & Market
Company Metrics
Funding Information
Headcount Distribution
By Department
Department Breakdown
Technology Stack
Other
Keywords & Focus Areas
City Union Bank Ltd.
Overview
City Union Bank Ltd. is a prominent Indian private sector bank based in Kumbakonam, Tamil Nadu. Established in 1904 as "The Kumbakonam Bank Limited," it was renamed in 1987 as it expanded its services beyond the Thanjavur district. The bank operates over 700 branches and more than 1,700 ATMs across India, with a strong focus on urban, semi-urban, and rural areas, particularly in South India.
The bank offers a wide range of banking and financial services, including various deposit products such as savings and fixed accounts, and loan products aimed at micro, small, and medium enterprises (MSMEs), agricultural borrowers, and retail customers. Essential banking services like ATM access, demand drafts, and phone transfers support their broad customer base. As of March 2023, City Union Bank reported a total deposit base of approximately ₹1.44 lakh crore and advances of ₹1.23 lakh crore, demonstrating consistent growth and profitability while catering to diverse needs across the country.
Basic Information
| Industry | banking |
|---|---|
| Founded | 1904 |
| Revenue | 788.1M |
| Headquarters | No.24 B, Gandhi Nagar, Kumbakonam, Tamil Nadu, India, 612001 |
| Alexa Ranking | 79256 |
Contact Details
- Phone: +91 43 5240 2322
- Website: cityunionbank.com
- LinkedIn: linkedin.com/company/city-union-bank-ltd
Key Focus Areas & Initiatives
- Investment banking
- Commercial banking
- Retail banking
- Private banking
- Asset management
- Mortgages
- Forexs
- Cash management
- Digital payments
- Agricultural loans
- POS terminals
- Digital banking
- Bulk note acceptors
- Deposit growth
- Payment solutions
- Profitability
- Customer experience
- B2C
- Services
- Customer service
- Self-service kiosks
- Corporate banking
- Retail
- Small business loans
- Risk management
- Investment services
- Banking
- Tamil Nadu
- Urban and semi-urban markets
- Private sector bank
- Wealth management
- Banking and financial services
- Financial inclusion
- Banking technology
- Customer base
- Branch network
- Digital transformation in banking
- Branch expansion
- Financial inclusion initiatives
- Profit growth
- Regulatory compliance
- Net interest margin
- SME banking
- Digital payments support
- Rural banking
- User experience
- Mobile banking
- Financial technology
- B2B
- Deposit services
- Internet banking
- Digital transformation
- Loan products
- Financial services
- Trade finance
- Loan portfolio
- POS services
- Branch network growth
- Finance
- Consumer products & retail
- Capital markets
- Point of sale
- Payments
- Enterprise software
- Enterprises
- Computer software
- Information technology & services
- Investment management
- UX
- Finance technology
Technologies Used
- AI
- Route 53