In order to sell Co-optex gift vouchers at City Union Bank, a memorandum of understating was signed between Co-optex and City Union Bank. Venkatesh, Managing Director, Co-optex, says, to start with, gift coupons worth Rs.500 will be sold through 50 select City Union Bank branches all over the country. N Kamakodi, MD and CEO, City Union Bank, said the idea is to safeguard the interests of the handloom weavers of Tamil Nadu and promote the sale of handloom goods.