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13	13	The first branch outside the state of TamilNadu was opened at Sultanpet, Bangalore in Karnataka in September,1980.  Branches were also opened at the twin cities of Hyderabad and Secunderabad in Andhrapradesh.  In tune with the national image attached to the Bank, the Bank's name was changed to 'City Union Bank Limited' with   effect from December, 1987.
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	16	+[[image:cityUnionBank1.png]]
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16	16	== Key Milestones ==
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85	85	Return on Assets of the Bank for the FY 2019-20 stands at 1% and Return on Equity was at 9.47. The basic earnings per share stood at Rs 6.48 per share as compared to Rs 9.57 per share last year. The book value per share of the Bank increased from Rs 65.91 to Rs 71.83 as on March 31, 2020 as compared to previous year.
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	91	+[[image:cityUnionBank2.png]]
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88	88	= Recent developments =
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90	90	**City Union Bank September 2020 Net Interest Income (NII) at Rs 475.14 crore.**{{footnote}}https://www.indiainfoline.com/article/news-sector-banking-financials/city-union-bank-reports-net-profit-of-rs58cr-in-q2-stock-up-over-1-5-120110300587_1.html{{/footnote}}