City Union Bank plans ₹500 crore QIP funding
pre-market1 source ↓written by the desknot a recommendation
- scheduled
- 14 Aug 2026
City Union Bank's board has approved a proposal to raise up to ₹500 crore through a qualified institutional placement (QIP), pending shareholder approval. This move will be presented at the upcoming annual general meeting scheduled for 14 Aug 2026. The bank also declared a dividend of ₹2 per share for FY26.
Not investment advice. For informational purposes only.