scorecardresearchCity Union Bank shares at 52-week high, Brokerage sees 24% more upside; Here's why

City Union Bank shares at 52-week high, Brokerage sees 24% more upside; Here's why

Updated: 22 Sep 2022, 10:25 AM IST
TL;DR.
City Union Bank credit has grown by around 11% CAGR in the last 5 years, surpassing the credit growth of mid-cap banks such as Karur Vysya Bank, Karnataka Bank, and South Indian Bank.
Tamil Nadu forms an important state for the bank, which comprises 66% (Q1FY23) of total loans outstanding as of Q1FY23.

Tamil Nadu forms an important state for the bank, which comprises 66% (Q1FY23) of total loans outstanding as of Q1FY23.