Amalgamation has led to all-round gains for merged entity: Indian Bank MD

Despite the pandemic and other challenges, Allahabad Bank's amalgamation with Indian Bank concluded smoothly, with the final technical merger (software integration) last month, says Padmaja Chundru, managing director and CEO, Indian Bank. Chundru spoke to T E Narasimhan about how the bank addressed the pandemic and the way forward for the combined entity. Edited excerpts: Q. How easy or difficult was it to conclude the amalgamation, especially in the backdrop of pandemic? It was felt that the merger of Allahabad Bank (AB) with Indian Bank (IB) would be tough (vis-à-vis o.....

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