No immediate plans to exit Universal Sompo: Padmaja Chunduru of Indian Bank

In a March 31 Q&A, the lender's MD & CEO dwells on its strengths following the amalgamation with Allahabad Bank

With the amalgamation of Kolkata-based Allahabad Bank with Chennai-based Indian Bank today, the amalgamated Indian Bank now faces the task of sailing through tough times amid shortage of staff due to Covid-19. Padmaja Chunduru, MD and CEO of India Bank, in an interview with Namrata Acharya discusses the roadmap post merger. Edited Excerpts:

1. Post amalgamation, what will the first day at Indian Bank look like amid the Covid-19 crisis?

It is new year for bank tomorrow and the day of amalgamation is also tomorrow. Government’s DBT transactions will also happen tomorrow. We are all geared up for day one