City Union Bank Limited (CUB), India's oldest private sector bank, continues its steady national expansion. In a regulatory filing today, the bank announced the simultaneous opening of two new branches in the western and northern regions of the country.
With these additions, the bank's total network has reached 973 branches, marking a significant step toward its milestone of 1,000 service outlets.
New Branch Details
The newly inaugurated branches are strategically located to tap into growing commercial and residential hubs:
Surat - Varachha (Gujarat): Located at Tejuba Business Square, this branch strengthens CUB's presence in one of India's fastest-growing business districts, known for its diamond and textile industries.
Sawai Madhopur (Rajasthan): Located in Maharana Pratap Colony, this branch marks a deepening of the bank's footprint in Rajasthan, providing specialized banking services to the local community and small businesses.
Network Growth Trajectory
City Union Bank has been on an aggressive expansion path throughout early 2026. The bank has successfully scaled from 942 branches in March to 973 branches in just under a month. This rapid rollout underscores the bank's commitment to physical accessibility alongside its digital banking initiatives.
Shares of City Union Bank Limited was last trading in BSE at Rs. 264.80 as compared to the previous close of Rs. 265.85. The total number of shares traded during the day was 191810 in over 4261 trades.
The stock hit an intraday high of Rs. 273.70 and intraday low of 263.35. The net turnover during the day was Rs. 51044857.00.