The pandemic-induced economic crisis has necessitated banks to shift focus from growth to preserving capital, managing portfolio stress, reducing cost and maintaining adequate liquidity in the near term. City Union Bank’s (CMP: Rs 177 Mcap: Rs 13,073 crore) performance in the current fiscal reflects this change in strategy. A mid-sized private bank, City Union Bank (CUB) is now maintaining high liquidity while business growth has taken a back seat. The growth in advances is limited to the government’s ECLGS (Emergency Credit...
Moneycontrol Pro Panorama | Regulating the economy temperature gauge
Jun 2, 2023 / 03:43 PM IST
In today’s edition of Panorama: SEBI proposes tightening disclosure for offshore funds, MGNREGA demand rises sharply, receding ...
Read NowMoneycontrol Pro Weekender: Things fall apart
Apr 22, 2023 / 11:16 AM IST
The mainstream is coming around to the view that geopolitics will result in a fragmented global economy and we will not go back to...
Read NowTo read the full story, Subscribe to Moneycontrol PRO
Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience
Already a member? Sign in
Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to
Ad free experience
Experience a non-intrusive navigation and faster response in the ad free mode
Sharpest Opinions
Access to 230+ exclusive stories per month from our editorial and Experts
+
Have a Global edge with access to content from world renowned experts and journalist
Actionable Insights
Access to 40+ weekly investment ideas including 4 daily technical calls
Virtual Events
Exclusive access to live webinars from market experts on trading and investment strategies
Newsletters
Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.
Get upto 50% discount on limited period offers