Financial Wire

City Union Bank Opens New Branch in Chennai, India

City Union Bank (NSE:CUB, BOM:532210) has opened a new branch at West Mambalam in Chennai, India on Friday, according to a same-day filing to the Indian bourses.With this, the lender's branch network has increased to 950, the filing said.Shares of the company rose nearly 2% in recent trade.

-- City Union Bank (NSE:CUB, BOM:532210) has opened a new branch at West Mambalam in Chennai, India on Friday, according to a same-day filing to the Indian bourses.

With this, the lender's branch network has increased to 950, the filing said.

Shares of the company rose nearly 2% in recent trade.