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Indian Bank integrates core banking software of erstwhile Allahabad Bank

Howard Olson by Howard Olson
February 15, 2021
in Banking
0

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State-owned Indian Bank on Monday said it has successfully integrated the software system with the erstwhile Allahabad Bank post the amalgamation.


The bank has successfully completed process of technical migration of CBS/ITMS software of erstwhile Allahabad Bank with CBS/ITMS software of Indian Bank, it said in a regulatory filing.



The scheme of amalgamation of Allahabad Bank into Indian Bank came into force from April 1, 2020.


Indian Bank carried out the migration process on 13-14 February, and had informed that customers may face some disruption in services.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


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First Published: Mon, February 15 2021. 20:53 IST

Tags: banking sector indiabanksindian banksloansprivate sector bankspsu bankspublic sector banks

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