N Kamakodi

Kamakodi will be the MD and CEO of the Bank for a further period of three years with effect from May 1, 2023

Why should investors avoid City Union Bank even if banking stocks are on a roll?

CUB may underperform in the coming months despite a good recovery seen by the bank after pandemic

City Union Bank gets RBI nod for reappointing MD&CEO

City Union Bank said Kamakodi's reappointment is for a further period of three years with effect from May 1, 2020.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

City Union Bank plans to infuse Rs 1,000 cr over 3-4 years

In an interview with CNBC-TV18, N Kamakodi, MD & CEO, City Union Bank said that the company is well on track with its capital raising plans. The bank plans to raise around Rs 702,000 crore of incremental capital and infuse it over a period of four to five years, explained Kamakodi.

RBI to cut rates in Q2FY13 or post June 30: City Union Bank

N Kamakodi, managing director and chief executive officer of City Union Bank indicated that the rates would decrease only in the second quarter next year or only after June 30. He expects the inflation to come closer to 7% by March so that the RBI can comfortably take a call.

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 plans to raise Rs 1000cr over next 3 years

N Kamakodi, MD & CEO, City Union Bank in an interview with CNBC-TV18 spoke about the performance of the bank and the road ahead. He said, "I do not expect major change in the margins. We always keep an average net interest margin a 3.3% and the range grows between 3% to 3.8%."