City Union Bank to raise over Rs 500 crore through QIP

City Union Bank plans to raise more than Rs 500 crore through a Qualified Institutional Placement (QIP). The lender has scheduled its AGM for August 14, 2026, and fixed the same day as the record date for a dividend of Rs 2 per share, equivalent to 200 percent on the face value of Rs 1 per share for FY26.