City Union Bank reports 15% rise in Q1 net profit
8th Aug 2019

City Union Bank has reported results for first quarter ended June 30, 2019.

The Bank has reported 14.84% rise in its net profit at Rs 185.65 crore for the quarter under review as compared to Rs 161.65 crore for the same quarter in the previous year. Total income of the Bank increased by 17.07% at Rs 1,192.53 crore for Q1FY20 as compared Rs 1,018.61 crore for the corresponding quarter previous year.  

The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 3.34%, as compared to 3.02% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 1.89% in Q1FY20.