City Union Bank Limited (CUB), one of India's oldest private sector banks, has announced the simultaneous opening of three new branches today. This expansion brings the bank's total network to 959 branches nationwide, reinforcing its presence in Northern and Western India.
New Branch Locations
The newly inaugurated branches are strategically located across Rajasthan, Punjab, and Uttar Pradesh, focusing on high-growth urban and semi-urban corridors:
Barmer, Rajasthan: Located at Baan Mata Tower, Vishnu Colony, near Chamunda Circle. This marks a continued push into the industrial and border-trade hubs of Rajasthan.
Zirakpur, Punjab: Situated in the Defence Enclave on Patiala Road. Zirakpur serves as a vital satellite town to Chandigarh, representing a key residential and commercial catchment area.
Lucknow - Mahanagar, Uttar Pradesh: Established at B-332, Mahanagar. This adds to the bank's growing network in the capital of Uttar Pradesh, targeting premium residential and retail segments.
Shares of City Union Bank Limited was last trading in BSE at Rs. 252.05 as compared to the previous close of Rs. 249.60. The total number of shares traded during the day was 134364 in over 2567 trades.
The stock hit an intraday high of Rs. 253.55 and intraday low of 245.30. The net turnover during the day was Rs. 33799864.00.