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Volume IconIndian-Allahabad Bank amalgamation: Changes & all the post-merger details

Despite the pandemic, the Allahabad Bank merger with Indian Bank concluded the final technical amalgamation (software integration) last month

Indian Bank

Despite the pandemic, the Allahabad Bank merger with Indian Bank concluded the final technical amalgamation (software integration) last month. 

What were the key synergies and cost benefits they obtained due to amalgamation? How many branches were rationalised and how many people were repositioned? What next for the amalgamated entity? Any fundraising on the cards?


In this podcast, we give you an insight on post-merger details and how easy or difficult it was to conclude the amalgamation


 

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First Published: Mar 13 2021 | 12:36 PM IST