City Union Bank reported a 25% YoY increase in Q4 net profit to ₹3,596 million, with total business growing 24% to ₹1,450 billion.
Asset quality improved significantly with Gross NPA reducing to 1.91% and Net NPA at 0.68%, while maintaining a strong capital adequacy ratio of 21.92%.
The bank celebrated its 120th anniversary with high-profile dignitaries and expanded its digital offerings with new initiatives like CUB SalarySe and UPI Reserve Pay.