Smart Money Alert

City Union Bank Limited

New PositionQuarterly

CUBFinancial ServicesMarket Cap₹23K Cr

Stake

1.58%

Max Life Insurance

Institution

The move

Max Life Insurance took a new position in City Union Bank Limited with 1,56,70,774 shares, representing a 1.58% stake. The position is valued at ₹352.06 Cr based on a share price of ₹224.63.

About City Union Bank Limited

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A banking company headquartered in Tamil Nadu, City Union Bank Limited provides comprehensive financial services to retail and corporate customers across India. The bank operates through multiple segments including Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. It delivers personalized banking solutions through its extensive branch network and digital platforms, serving diverse customer needs in the Indian financial market.

About Max Life Insurance

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Now branded Axis Max Life after Axis Bank took a controlling stake. Crossed Rs 1.5 lakh crore in AUM in April 2024 with over 20% YoY growth and has continued to compound. CIO Sachin Bajaj has over 25 years of investment experience and runs a multi-cap equity book across ULIP, par and non-par funds with a quality and growth tilt.

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More moves in City Union Bank Limited

SBI Mutual FundNew position

SBI Mutual Fund entered City Union Bank with 5,38,83,961 shares, a 5.44% stake worth ₹1,210 Cr, crossing the 5% disclosure threshold.

19 Jul 2026

Axis Mutual FundIncreased

Axis Mutual Fund increased its stake in City Union Bank Limited by acquiring 8,479,667 additional shares, raising its total holding from 24,671,353 shares (3.32%) to 33,151,020 shares (3.35%). The share price was ₹212.20.