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City Union Bank posts Rs 140 crore profit

Posted By: Doraiah Vundavally August 9, 2017

City Union Bank posts Rs 140 crore profitChennai, Aug 9 (IANS) Privately owned City Union Bank on Wednesday said it closed the first quarter of the current fiscal with a net profit of Rs 140 crore.

In a statement issued here, the bank said it had earned a net profit of Rs 140 crore for the period ended June 30, 2017, up from Rs 124 crore earned during the corresponding period of the previous year.

The bank said its net interest income for the period under review stood at Rs 342 crore, up from Rs 280 crore posted for the period ended June 30, 2016.

 

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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City Union Bank posts Rs 140 crore profit

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.