City Union Bank
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City Union Bank Limited is an Indian private sector
bank A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...
headquartered in
Kumbakonam Kumbakonam (formerly spelt as Coombaconum or Combaconum), or Kudanthai, is a city municipal corporation in the Thanjavur district in the States of India, Indian state of Tamil Nadu. It is located from Thanjavur and from Chennai and is the hea ...
,
Tamil Nadu Tamil Nadu (; , TN) is the southernmost States and union territories of India, state of India. The List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of Indi ...
. The bank was initially named Kumbakonam Bank Limited, and was incorporated on 31 October 1904. The bank preferred the role of a regional bank in the
Thanjavur district Thanjavur District is one of the Districts of Tamil Nadu, 38 districts of the States and territories of India, state of Tamil Nadu, in southeastern India. Its headquarters is Thanjavur (Tanjore) . The district is located in the delta of the Cauv ...
of
Tamil Nadu Tamil Nadu (; , TN) is the southernmost States and union territories of India, state of India. The List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of Indi ...
. In FY2022 the bank had a market capitalization of and operated 774 branches, and 1762 ATMs.


History

The City Union Bank Limited was originally incorporated under the name Kumbakonam Bank as a limited company on 31 October 1904. The bank preferred a regional role and adopted an agency model in the initial years. The first branch was opened in 1930. In 1987, the name of the bank was changed to City Union Bank.


See also

*
Banking in India Modern banking in India originated in the mid of 18th century. Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1829–32; and the General Bank of India, established in 1786 but failed in 1791. ...
* List of banks in India *
Reserve Bank of India Reserve Bank of India, abbreviated as RBI, is the central bank of the Republic of India, and regulatory body responsible for regulation of the Indian banking system and Indian rupee, Indian currency. Owned by the Ministry of Finance (India), Min ...
* Indian Financial System Code *
List of largest banks The following are lists of the largest commercial banks in the world, as measured by total assets and market capitalization. By total assets This list is based on the April 2024 S&P Global Market Intelligence report of the 100 largest b ...
*
List of companies of India India is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous country (with over Demographics of India, 1.4 b ...
* Make in India


References

Private sector banks in India Banks established in 1904 Companies based in Tamil Nadu Companies based in Thanjavur Indian companies established in 1904 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange {{India-company-stub