Buy City Union Bank; target of Rs 190 Prabhudas Lilladher
Tue, Oct 22, 2024 2:11 PM

Buy City Union Bank; target of Rs 190 Prabhudas Lilladher

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Prabhudas Lilladher's research report on City Union Bank: CUB saw a strong quarter with beat on loan growth, NIM, core PPoP and asset quality. Healthy loan growth of 4.8% QoQ was led by traditional segments as improved TAT due to technological improvements is driving better credit flow. Efforts to shore up secured retail segments.

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