City Union Bank gains on entering into strategic partnership with Bajaj Allianz Life Insurance
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City Union Bank gains on entering into strategic partnership with Bajaj Allianz Life Insurance
Jul-13-2022 10:24 Hrs IST
City Union Bank is currently trading at Rs. 149.00, up by 0.60 points or 0.40% from its previous closing of Rs. 148.40 on the BSE.
The scrip opened at Rs. 148.60 and has touched a high and low of Rs. 150.75 and Rs. 148.60 respectively. So far 23663 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 183.65 on 26-Oct-2021 and a 52 week low of Rs. 108.60 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 150.90 and Rs. 138.25 respectively. The current market cap of the company is Rs. 11086.38 crore.
The Institutions holding in the company stood at 59.34%, while Non-Institutions held 40.66%.
City Union Bank has entered into a strategic partnership with Bajaj Allianz Life Insurance. Through this partnership, Bajaj Allianz Life Insurance will offer its life insurance solutions to the customers of the Tamil Nadu-based bank. City Union Bank customers will be able to fulfill their long-term financial goals by investing in Bajaj Allianz Life value-packed products ranging from term, savings, retirement, investment solutions.
City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards.
