NE BUSINESS BUREAU
CHENNAI, JUNE 16
In a significant courtesy call reflecting the close synergy between Tamil Nadu’s governance and its financial institutions, City Union Bank (CUB) leadership met Chief Minister C. Joseph Vijay at the State Secretariat on Tuesday.
Vijay Anandh R., Managing Director & Chief Executive Officer, along with G. Mahalingam, Chairman of City Union Bank, called on the Hon’ble Chief Minister at 11 a.m. as part of a formal courtesy visit.
- Courtesy meeting underscores the legacy lender’s strong roots in Tamil Nadu and its commitment to innovation-driven banking
- 121-year-old private sector bank highlights robust financial performance, nationwide expansion and customer-centric digital transformation
- From Kumbakonam to cutting-edge fintech solutions, City Union Bank continues to blend heritage with technology-led growth
Founded in 1904 and headquartered in Kumbakonam, City Union Bank stands among India’s oldest private sector banks, having completed 121 years of uninterrupted service to the nation. Over the decades, the bank has evolved into a strong pan-India financial institution with more than 1,000 branches and over 1,700 ATMs spread across the country.
The bank has maintained a consistent track record of profitability and shareholder returns, earning net profits and paying dividends every year. As of March 31, 2026, City Union Bank’s total business stood at Rs 1,45,007 crore, while it reported a net profit of Rs 1,326 crore for the financial year 2025-26, underlining its financial resilience and sustained growth.
Reinforcing its reputation as a technology-driven institution, CUB continues to introduce innovative digital banking solutions tailored to changing customer expectations. Its recent offerings include Tap, Pay & Go payments through keychains and fitness watches, voice-based authentication for mobile banking, multilingual voice chatbots in regional languages, Voice-based UPI123 Pay, end-to-end digital loan processing, and the Nap ID fraud filter layer, enhancing both convenience and security for customers.
The meeting also reflected the bank’s enduring commitment to supporting Tamil Nadu’s economic ecosystem while embracing next-generation banking technologies for a digitally empowered future.
