City Union Bank's board has greenlit a plan to raise up to ₹500 crore via a qualified institutional placement, pending shareholder nod at the August 14, 2026 AGM. This move aims to bolster the bank's capital. On the same day, shareholders will consider a ₹2 per share dividend for FY26, representing a 200% payout on the face value.
City Union Bank's board has greenlit a plan to raise up to ₹500 crore via a qualified institutional placement, pending shareholder nod at the August 14, 2026 AGM. This move aims to bolster the bank's capital. On the same day, shareholders will consider a ₹2 per share dividend for FY26, representing a 200% payout on the face value.
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