City Union Bank – RoA Steady With Lower Credit Cost; Loan Growth The Key: Nirmal Bang

City Union Bank – RoA Steady With Lower Credit Cost; Loan Growth The Key: Nirmal Bang

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.We interacted with the management of City Union Bank Ltd., in order to understand the bank’s growth prospects in light of the ongoing digital revamp. The bank has already launched its loan origination system for micro, small and medium enterprise segments with ticket size below Rs 30 million and by Jan-23-Feb-23, it expects 70-80% of the LOS upgrade to happen across other…
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Source: https://www.ndtvprofit.com/amp/research-reports/city-union-bank-roa-steady-with-lower-credit-cost-loan-growth-the-key-nirmal-bang