City Union Bank Q4 net rises 1% to Rs 83.34 crore

Private-lender City Union Bank today reported a marginal rise of one per cent to Rs 83.34 crore for the quarter ended March 31.

The Tamil Nadu-based bank had reported a net profit of Rs 82.47 crore during the same period of previous year.

For the financial year ended March 2014, the net profit of the bank grew 7.78 per cent to Rs 347.07 crore from Rs 322.01 crore registered during the same period of previous year, City Union Bank said in a BSE filing.

The total income of the bank for the quarter ended March 31 rose to Rs 726.26 crore from Rs 677.98 crore registered during the corresponding period last year.

For the financial year ended March 2014, the total income of the bank grew to Rs 2,847.13 crore from Rs 2,462.38 crore registered during the corresponding period of the previous year.

The board of directors of the bank have recommended a dividend of 100 per cent for the financial year 2013-2014, subject to approval of the shareholders, it added.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

EDITORIAL OF THE DAY

  • India would have done well not to supress the 'Bofors interview'

    Bofors is one case that refuses to go away two-and-half decades after it grabbed public attention and became a byword for political corruption, claimi

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Varun Dutt

THE BLAME GAME

In decision-making, the fundamental attribution error (FAE), also known as ...

Zehra Naqvi

Dignity of labour is dignity of life

M Rafi Khan, a retired police IG, used to ...

Gautam Gupta

Retailers have it tough, thanks to e-commerce

For the past few months our focus has been on ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture