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City Union Bank Q1 results: Profit rises 16% to ₹306 cr, income grows 17%
The private sector lender had earned a net profit of ₹264 crore in the same quarter of the previous fiscal year.
The total income rose to ₹1,849 crore during the June quarter of 2025-26, from ₹1,580 crore in the same quarter of FY25, the Tamil Nadu-based bank said in a regulatory filing.
Interest earned by the bank improved to ₹1,605 crore, as compared to ₹1,388 crore in the June quarter of FY25.
During the period, operating profit of the bank increased to ₹451 crore, as compared to ₹373 crore in the same quarter a year ago.
The bank's asset quality showed an improvement as gross non-performing assets (NPAs) declined to 2.99 per cent of gross advances at the end of the June quarter, from 3.88 per cent a year ago.
Similarly, net NPAs, or bad loans, declined to 1.2 per cent, as against 1.87 per cent in the year-ago period.
However, provisions and contingencies increased to ₹70 crore during the first quarter as compared to ₹39 crore in the same period a year ago.
Capital adequacy ratio of the bank declined to 23.1 per cent, from 23.58 per cent in the same quarter of FY25.
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His statement, while intended as a wake-up call, sparked widespread backlash for allegedly overlooking the mental health toll and work-life imbalance it could British VC Harry Stebbings, known for his podcast 20VC, claimed earlier this year that 'seven days a week is the required velocity to win right now' — a comment that was both applauded for its realism and criticized for pushing an unhealthy Silicon Valley to Shanghai, the pressure to be always 'on' is often sold as a prerequisite to success — a narrative echoed in China's notorious '996' work culture (9 a.m. to 9 p.m., six days a week), which many blame for burnout , yet credit for explosive tech some argue that success requires relentless hours, others emphasize how those hours an episode of the podcast For a Change, neurologist Dr. Sid Warrier offered a more nuanced view. Drawing from his own experience, he explained: 'When I'm working in my own hospital, I can be there 24/7, but because it's my thing, my brain doesn't register it as work.' In contrast, an employee doing the same hours without personal investment might experience high stress and rapid burnout.'It's not really about work or not work. It's about stress and no stress,' he explained. Passion and purpose , according to Warrier, play a far bigger role in sustainability than sheer clocked-in where the conversation gets more complex. Founders like Neha may genuinely thrive on 80-hour weeks. But does promoting that rhythm as the only path to success put undue pressure on teams? Critics were quick to draw this line.'If this applies only to you founders, then it's okay. But don't generalize an 80-hour per week work culture,' a user responded on Neha's post. Another pointed out that overwork might not even lead to better output: 'Stopping 9-5 to start 24/7. But the vibe is really different, for sure.'Others made a case for smarter funding rather than longer hours. 'If a 10-person team is burning out to keep up with a 50-person VC-backed startup, the problem isn't effort — it's the cap table,' noted Sarah Wernér, co-founder of Husmus, in an interview with CNBC Make be clear, Neha's post wasn't without supporters. Some saw it as a wake-up call in an increasingly comfort-seeking culture. 'There's real truth in going all-in and putting in the hours to build something extraordinary,' wrote one Stebbings, while advocating hard work, drew a line at sacrificing mental health. 'I'm not saying miss dinner with friends or sit at your desk all day,' he told CNBC. 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