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  • City Union Bank cyber attack: Successfully retrieved/block money in 2 out of 3 cases

    In an interview to CNBC-TV18, N Kamakodi, MD & CEO of City Union Bank spoke at length about the cyber criminal attack.

  • Don't expect loan waiver announcement to disturb repayment culture: City Union Bank

    Don't expect loan waiver announcement to disturb repayment culture: City Union Bank

    From the side-lines of Ambit's India Access Conference underway in London, N Kamakodi, MD and CEO of City Union Bank spoke to CNBC-TV18. He shared his views on farm loan waiver announcement.

  • City Union Bank expects loan growth of 15-18% in FY18

    City Union Bank expects loan growth of 15-18% in FY18

    In an interview to CNBC-TV18, N Kamakodi, MD & CEO of City Union Bank spoke about the roadmap for FY18 and latest happenings in the organisation.

  • Demonetisation: Recovery of NPAs slow, impact on NIMs likely, says City Union Bk

    Demonetisation: Recovery of NPAs slow, impact on NIMs likely, says City Union Bk

    Recoveries of non-performing assets (NPAs) have not been as fast as in October, post demonetisation, said Kamakodi. Net interest margins also could be impacted, said N Kamakodi, MD & CEO, City Union Bank.

  • Banking may see healthy gains from treasury book: City Union

    Banking may see healthy gains from treasury book: City Union

    In an interview to CNBC-TV18, N Kamakodi, MD & CEO of City Union Bank spoke about the latest happenings in his company and sector.

  • Expect PAT growth of 10-12% for this fiscal: City Union Bank

    Expect PAT growth of 10-12% for this fiscal: City Union Bank

    In an interview with CNBC-TV18, N Kamakodi, MD and CEO of CUB, said that the bank expects to close the year with 15-18 percent credit growth rate and sees net profit growth of around 10-12 percent for this fiscal.

  • Expect slippages to cross 2% in next 6 quarters: City Union Bank

    Expect slippages to cross 2% in next 6 quarters: City Union Bank

    The bank is capital sufficient, and we expects a good loan growth in FY17, says N Kamakodi, the MD and CEO of City Union Bank.

  • Slippage ratio should fall below 2% in FY17: City Union Bank

    Slippage ratio should fall below 2% in FY17: City Union Bank

    From 4.5 percent last quarter, City Union Bank is on track for bringing its slippage ratio normalized levels of 1.25-1.5 percent in a few years, says MD and CEO N Kamakodi.

  • FY16 credit growth likely at 12-15%: City Union Bank exec

    FY16 credit growth likely at 12-15%: City Union Bank exec

    The net interest margin has been maintained at an average range of 3.4-3.6 percent for nearly the past decade, and the bank will focus on maintaining it, says N Kamakodi, CMD & CEO at City Union Bank.

  • See 12-15% credit growth in FY16: City Union Bank

    See 12-15% credit growth in FY16: City Union Bank

    Reduction in base rates will happen over a period of time depending upon accretion of cost of funds and requirement of credit growth rate, said N Kamakodi, MD & CEO of City Union Bank.

  • QIP result soon; no urgent need for capital: City Union Bk

    QIP result soon; no urgent need for capital: City Union Bk

    In an interview to CNBC-TV18, managing director and chief executive officer N Kamakodi, says the bank is in no hurry to raise capital because it is adequately funded.

  • Target 12-15% growth in advances in FY16: City Union Bank

    Target 12-15% growth in advances in FY16: City Union Bank

    N Kamakodi, MD & CEO, City Union Bank, discusses company's performance for the fourth quarter and future outlook.

  • Comfortable with exposure to SpiceJet: City Union Bank

    Comfortable with exposure to SpiceJet: City Union Bank

    The low-cost airline‘s operations came to a standstill on Wednesday after oil marketing companies did not supply jet fuel due to overdues.

  • No issues with Spicejet apart from minor delays: City Union

    No issues with Spicejet apart from minor delays: City Union

    City Union Bank is one of the lenders to the beleaguered airline Spicejet, N Kamakodi, MD & CEO of the bank feels that falling oil prices will be margin positive for Spicejet.

  • RBI Credit Policy: City Union Bank neutral to short-term rate relief

    RBI Credit Policy: City Union Bank neutral to short-term rate relief

    N Kamakodi, MD & CEO, says since the bank has always been neutral on short-term borrowing, the hike in term repos of 7-day and 14-day tenor from 0.25 percent of NDTL of the banking system to 0.5 percent does not impact them.

  • Don't see strategic tie-up with foreign bank: City Union Bk

    Don't see strategic tie-up with foreign bank: City Union Bk

    Reserve Bank governor Raghuram Rajan has said there is going to be a bigger opening because they could contemplate new rules for the entry of foreign banks. It may even allow them to take over Indian banks.

  • RBI steps would force banks to walk tightrope: City Union

    RBI steps would force banks to walk tightrope: City Union

    In an interview to CNBC-TV18, N Kamakodi, MD & CEO, City Union Bank spoke about RBI recent measures.

  • City Union Bank PAT up 15%, sees healthy core income growth

    City Union Bank PAT up 15%, sees healthy core income growth

    City Union Bank core has seen good growth in core income this quarter. The gross NPA has come down from 1.23 percent to 1.13 percent, while the gross number has come down from Rs 178.74 crore to Rs 173.10 crore.

  • City Union Bank sees no stress on gold loan portfolio

    City Union Bank sees no stress on gold loan portfolio

    City Union Bank, which has significance presence in southern India sees no stress on its gold loan portfolio unlike other gold financers, and hopes to maintain its net interest margin at 3.3 percent going forward, N Kamakodi, MD & CEO, City Union Bank said.

  • Expect FY13 loan growth to be around 25%: City Union Bank

    Expect FY13 loan growth to be around 25%: City Union Bank

    Private sector lender City Union Bank is looking to raise Rs 258 crore through the rights issue route. The issue, which would offer a total of 12.89 crore equity shares opened today and will close on December 31, 2012.

  • See credit growth of around 20-25% in FY13: City Union Bank

    See credit growth of around 20-25% in FY13: City Union Bank

    N Kamakodi, managing director and chief executive officer of City Union Bank says the bank is hopeful of achieving a credit growth of around 20-25 percent this year.

  • Plan to raise Rs 250cr via rights issue: City Union Bank

    Plan to raise Rs 250cr via rights issue: City Union Bank

    In an interview to CNBC-TV18, N Kamakodi, managing director and chief executive officer of City Union Bank says, the company has already submitted documents to SEBI for rights issue. "We have now submitted the document for rights issue. We are planning to raise about Rs 250 crore," he adds.

  • Hope to maintain NIMs above 3.3% ahead: City Union Bank

    Hope to maintain NIMs above 3.3% ahead: City Union Bank

    The private sector lender managed to improve its net interest margins by 15 bps to about 3.39% in Q4. Dr N Kamakodi, MD & CEO, City Union Bank told CNBC-TV18, it is hopeful of maintaining the NIMs above 3.3% going ahead.

  • Rate deregulation step in right direction: City Union Bank

    Rate deregulation step in right direction: City Union Bank

    N Kamakodi, MD & CEO, City Union Bank tells CNBC-TV18 that the bank never expected that having a lower CASA would be of benefit to them.

  • City Union Bank may review base rate hike by month-end

    City Union Bank may review base rate hike by month-end

    Dr N Kamakodi, CMD of City Union Bank said the bank had already raised its both deposit and base prime lending rates (BPLR) a couple of weeks ago anticipating the central bank's monetary tightening move.

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