Indian Bank announced successful go-live of consolidated CBS Platform
This follows the merger of Allahabad Bank into Indian Bank that was implemented e.e.f. from 1st April 2020
Ludhiana: Indian Bank had announced the successful go-live of the consolidated CBS Platform on 15th February 2021. This follows the merger of Allahabad Bank into Indian Bank that was implemented with effect from 1st April 2020.
According to Raj Kumar, Zonal Manager, Indian Bank, Ludhiana, Punjab said, the CBS integration was taken up over the weekend of 13/14th February and successfully completed in time. The CBS and all channels were made available for use by branches and customers by 9 am on 15th Feb. The integrated CBS is running smoothly across branches and channels. This is a ‘Big Bang’ merger by the CBS provider, TCS where the data of 3000+ branches and all channels of erstwhile Allahabad Bank were migrated seamlessly to the Indian Bank database.
The customer account numbers of both the Banks remain unchanged and the login credentials of Internet Banking and Mobile Banking were also retained. Customers of erstwhile Allahabad Bank have been migrated to IndOASIS the Mobile Banking App of Indian Bank and they can avail mobile banking services with their existing credentials.
He said an announcement about the successful integration of the technology platform was made by Padmaja Chunduru, MD & CEO, Indian Bank.