Archive · 29 Jul 2026
City Union Bank Predicts Margin Recovery
The CEO of City Union Bank, R Vijay Anandh, thinks the bank's profits will get better in the second half of the financial year 2027.
He says the bank is doing well in collecting money from loans and expects to reach a target of 1.65% return on assets by the end of FY27.
The bank is also focusing on lending to small businesses, gold loans, and getting more deposits from customers.
City Union Bank expects margins to recover in the second half of FY27.
Recoveries are outpacing slippages.
The bank is focusing on MSME lending and gold loan growth.
CASA (Current Account, Savings Account) and deposit mobilization are key areas.
Target ROA is set at 1.65% by the end of FY27.
- Who
- R Vijay Anandh, MD & CEO of City Union Bank
- What
- Expects margins to improve and outlines bank's outlook
- When
- Second half of FY27
- Where
- City Union Bank
- Why
- To improve return on assets (ROA) to 1.65% by the end of FY27
Optimistic Outlook
Cautious Outlook
Margin Recovery
Optimistic Outlook
Margins are expected to recover in the second half of FY27.
Cautious Outlook
No opposing view provided.
- CEO
- R Vijay Anandh
- Expected Margin Recovery
- Second half of FY27
- Target ROA
- 1.65% by end of FY27