News for City Union Bank Ltd. (CUB.NS)

Net NPAs increased to Rs 36,260 crore in the December quarter from Rs 34,843 crore in September and Rs 33,116 crore in December 2023, observes Tamal Bandyopadhyay.

Advances Growth: 14.6% year-on-year increase to INR50,409 crore in Q3 FY25 from INR44,017 crore in Q3 FY24.Deposits: Increased by 11% to INR58,271 crore in Q3

Jan 31, 2025 / 12:30PM GMTOperator Ladies and gentlemen, good day. And welcome to the City Union Bank Limited Q3 FY24-'25 earnings conference call. (Operator In

Stocks of IndusInd Bank Ltd., Oil and Natural Gas Corp., Pfizer Ltd., Inox Wind Ltd. and Poonawalla Fincorp Ltd. were in focus on Saturday, after the companies announced their third quarter results. IndusInd Bank shares opened in the green despite reporting a 39% decline in net profit of Rs 1,401 crore, after a sharp decline in provisions and bad loans. Net interest income also fell to Rs 5,228 crore from Rs 5,296 crore a year ago.

The Bank Nifty's returns were three percentage points lower than the NSE Nifty 50's in 2024, according to an analysis by IIFL Capital Services. While the private banks' index witnessed a flat growth, the benchmark of the PSU banks was up by 14%. This, even as the PSU banks underperformed private banks in the second half.

We continue to believe in the long-term growth story of the Indian equity market. However, with current valuations offering limited scope for further expansion, an increase in corporate earnings wi…

Axis Securities has identified several promising stocks for 2025, offering potential growth across a range of sectors. Among their top picks is Shriram Finance Ltd., which stands to benefit from its growing market share in the commercial vehicle financing sector. With healthy asset quality and a strong return ratio, the stock has an expected upside of 31%, with a target price of Rs 3,825.

NSE has announced the exclusion of 16 securities, including Abbott India, PVR Inox, and Gujarat Gas, from the F&O market starting Feb. 28, 2025, as part of new SEBI guidelines aimed at improving liquidity and preventing manipulation.

Advances Growth: 12% year-on-year increase to INR 48,422 crores in Q2 FY25.Deposits Growth: 9% increase to INR 57,369 crores in Q2 FY25.Cost of Deposits: 5.73%

Oct 21, 2024 / 11:00AM GMTOperator Ladies and gentlemen, good day, and welcome to the City Union Bank Limited Q2 FY25 Conference Call hosted by AMBIT Capital Pr

City Union Bank Ltd.'s share price surged over 12% to reach the upper circuit on Tuesday, as various brokerages expressed their positive sentiment towards the stock following the bank's better-than-expected net profit in the quarter ended September.

Notable banks like City Union Bank, IndusInd Bank and Punjab & Sind Bank will also declare their first-quarter earnings on Friday

Q3 Results today: Investors will focus on some on the prominent players Q3 earnings such Adani Ports And Special Economic Zone Ltd, Adani Enterprises Ltd, Bata India Ltd, Titan, City Union Bank Ltd, Raymond Ltd, Mphasis Ltd, and many more.