City Union Bank Limited
Edelweiss Mutual Fund increased its stake in City Union Bank Limited from 2.30% to 3.08%, acquiring an additional 13,412,673 shares. This raises Edelweiss Mutual Fund's total holdings to 30,484,819 shares, valued at approximately ₹647.01 Cr at ₹212.20 per share.
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.
AMC subsidiary of Edelweiss Financial Services. Manages over Rs 1.5 lakh crore across equity, debt, hybrid and alternative strategies. CEO Radhika Gupta is the most prominent woman leader in Indian asset management and has built a strong direct investor franchise through social media and investor education. Known for multi-asset and international fund-of-fund offerings.