City Union Bank Limited has informed the Exchange regarding 'BRSR REPORT 2024-25'.
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City Union Bank has filed its BRSR for FY 2024-25 with BSE and NSE, as required under SEBI Regulation 34(2)(f). The bank operates 875 branches and 25 offices across 20 states in India, with total advances of Rs. 53,066 crore — MSME and Traders make up 43.73%, Agriculture 16.56%, and Personal/Housing/Education loans 21.54%. Green and solar financing stood at Rs. 450.08 crore (0.85% of advances). The bank has 7,677 permanent employees, with women representing 24.42% of the workforce and just 9.09% of the Board (1 of 11 directors). Key sustainability highlights include a 42% reduction in Scope 1 emissions (from 571.19 to 330.06 metric tonnes CO2), 14% drop in overall energy consumption, and improved water intensity. The bank paid an RBI penalty of Rs. 6.91 lakh related to currency chest and ATM operations during the year.
This is a routine annual regulatory disclosure and is unlikely to cause any immediate movement in the share price. However, it shows meaningful progress on emissions and energy efficiency, which may appeal to ESG-focused investors. The RBI penalty of Rs. 6.91 lakh is minor and not material to financials.