City Union Bank net profit post marginal 1% growth in Q2 FY24

City Union Bank (CUB) on Friday reported a marginal growth in net profit by 1% at Rs 281 crore in the quarter ended September 30, 2023 against the corresponding period in the previous year at Rs 276 crore. It is the highest Profit after Tax (PAT) for a single quarter of the private sector bank, which was contributed by improved recovery and reduced slippages, a statement here said.