City Union Bank enters into agreement to establish AI centre of excellence for banking [Banking]
AI Summary1 min read
TL;DR
City Union Bank, a historic private sector bank in India, has signed an agreement to create an AI centre of excellence for banking, marking a strategic move to integrate advanced technology into its operations.
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Bank - PrivateBankingCity Union BankAI centre of excellencebanking technologyprivate sector bankIndia
City Union Bank Limited is an old premier private sector bank which was incorporated on October 31, 1904 with its Registered Office at Kumbakonam, Tamilnadu, India. The bank in the beginning preferred the role of a regional bank and slowly but steadily built for itself a place in the Delta District Thanjavur. The first Branch of the Bank was opened at Mannargudi on January 24, 1930. Thereafter, branches were opened at Nagapattinam, Sannanallur, Ayyampet, Tirukattupalli, Tiruvarur, Manapparai, Mayuram and Porayar within a span of twenty five years.