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City Union Bank Q2 Results: PAT rises to Rs 285 crore, NIM at 3.67%
City Union Bank reported a net profit of Rs 285 crore for Q2, a slight increase from Rs 281 crore last year. Asset quality improved, with gross NPAs dropping to 3.54%. The bank's net interest margin slightly decreased to 3.67%, while operating profit saw an 11% rise to Rs 428 crore.
