City Union Bank
Industry Bank
Code NSE: CUB | BSE: 532210
Market Cap ₹ 8,361 Cr (USD 1.1 Bn)
1-year Return -42.7%
CMP First Reached Sep 2016
Date Added 1st October 2016
CM Framework Quality Bargains
CMP ₹ 115
Recommendation Buy
Why we like this stock:
One of the best banks among small private banks Has one of the highest NIMs in the banking industry. Gross NPA at 3.5% and Net NPA at 1.9%, which is is still better placed. CAR at 15.41%, gives it lot of buffer . . .