City Union Bank, the private sector lender today announced the opening of new branch at Mugappair. The 491th branch of the bank is situated at Mugappair in Chennai.

Recently, the bank opened new branch at Karanampettai on Dec.21,2015. The 490th branch of the bank is situated at Karanampettai, Kodangipalayam in Tirupur. Earlier, the bank opened 489th branch at Vilandai, Ariyalur-Dt on Dec.18, 2015.

Shares of the bank declined Rs 0.7, or 0.77%, to trade at Rs 90.75 at the BSE (1.23 p.m., Monday).