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Indian Bank completes migration of core banking software of erstwhile Allahabad Bank

Indian Bank completes migration of core banking software of erstwhile Allahabad Bank

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 Indian Bank carried out the migration process on 13-14 February

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.

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Published on: Feb 15, 2021, 9:43 PM IST
Posted by: intern five, Feb 15, 2021, 9:43 PM IST