Union Bank Completes IT Integration of All Branches of Andhra Bank with Itself
3 years, 11 months ago

Union Bank Completes IT Integration of All Branches of Andhra Bank with Itself

News 18  

State-owned Union Bank of India on Monday said it has completed IT integration of all branches of erstwhile Andhra Bank with itself. “With this achievement, the entire IT integration of erstwhile Andhra and Corporation Bank branches with Union Bank of India has been completed,” the lender said in a release. All customers of erstwhile Andhra Bank and Corporation Bank have been successfully migrated to core banking solution of Union Bank. “We are extremely delighted to achieve complete integration of all branches and delivery channels of erstwhile Andhra Bank and Corporation Bank.

Bank Andhra Union Bank Corporation Bank It Integration Erstwhile Andhra Bank Erstwhile Corporation  branches  bank  entire  completes  banking  customers  union  erstwhile  corporation  andhra  integration  completed

History of this topic

Know the Changes Affecting Customers Post Corporation Bank, Andhra Bank Merger with Union Bank of India
3 years, 11 months ago

Know the Changes Affecting Customers Post Corporation Bank, Andhra Bank Merger with Union Bank of India

News 18  

The migration of all the customers of the Corporation Bank and Andhra Bank has been successfully completed to the core banking solution of Union Bank of India. Internet banking, mobile banking, UPI, IMPS, treasury and swift have also been rolled out by UBI for Andhra and Corporation Bank customers. No changes have been made to the account number and customer …

PNB Completes IT Integration of All Branches of UBI and Oriental Bank of Commerce with Itself
4 years ago

PNB Completes IT Integration of All Branches of UBI and Oriental Bank of Commerce with Itself

News 18  

State-owned Punjab National Bank on Monday said it has completed IT integration of all branches of erstwhile United Bank of India with itself. This is in continuation to the IT integration of all branches of erstwhile Oriental Bank of Commerce undertaken last month, PNB said in a statement. "With this PNB has concluded the integration and migration of databases of …

Union Bank Completes Integration of All Branches of Corporation Bank with Itself
4 years, 1 month ago

Union Bank Completes Integration of All Branches of Corporation Bank with Itself

News 18  

Union Bank of India has completed the IT integration after which all the branches of erstwhile Corporation Bank have come fully under its fold as part of the amalgamation exercise, the bank said on Wednesday. With this IT integration, all of erstwhile Corporation Bank, including service and specialised branches, have been fully integrated with Union Bank of India, it said …

PSU bank consolidation: PNB, Union Bank get in-principle nod from govt for proposed merger
5 years, 1 month ago

PSU bank consolidation: PNB, Union Bank get in-principle nod from govt for proposed merger

Firstpost  

New Delhi: Punjab National Bank and Union Bank of India on Monday said they have received in-principle approval from the government for their amalgamation with other public sector banks. “Bank has received a letter dated 13 November, 2019 from Department of Financial Services, Ministry of Finance vide which bank has been advised that Alternative Mechanism, has accorded in-principle approval to …

PNB, Union Bank get in-principal nod from government for proposed merger
5 years, 1 month ago

PNB, Union Bank get in-principal nod from government for proposed merger

Hindustan Times  

Punjab National Bank and Union Bank of India on Monday said they have received in-principal approval from the government for their amalgamation with other public sector banks. Punjab National Bank is the transferee bank and Oriental Bank of Commerce and United Bank of India as transferor banks. “Bank has received a letter dated November 13, 2019 from Department of Financial …

Bank strike against merger today; several branches, ATMs likely to be shut
5 years, 2 months ago

Bank strike against merger today; several branches, ATMs likely to be shut

India TV News  

Employees of two bank unions are on a 24-hour strike from Tuesday morning, which could affect the banking operations across India. The bank strike has been called in protest against the Central government's decision to merge 10 public sector banks into four bigger banks. All the banks which are facing closures, namely Andhra Bank, Allahabad Bank Syndicate Bank, Corporation Bank, …

Bank Unions Strike: 10 things you need to know
5 years, 2 months ago

Bank Unions Strike: 10 things you need to know

India TV News  

Bank Unions Strike: 10 things you need to know Banks strike alert! Bank employees unions to go on strike on October 22 against the Centre's decision to merge 10 state-run Public Sector Banks into four. The two unions of bank employees -- All India Bank Employees Association and Bank Employees Federation of India have jointly called for the strike. In …

Total of 34 functional teams to smoothen bank merger of UBI, PNB, OBC; to come into force on 1 April
5 years, 3 months ago

Total of 34 functional teams to smoothen bank merger of UBI, PNB, OBC; to come into force on 1 April

Firstpost  

The complete harmonisation among the three entities would take another 12 to 14 months after the merger Kolkata: A total of 34 functional teams have been formed to smoothen the process of merger of United Bank of India, Punjab National Bank and Oriental Bank of Commerce, a senior official said. “The functional teams will also try standardising the loan process, …

Boards of Corporation Bank, Allahabad Bank give in-principal approval for respective merger plans
5 years, 3 months ago

Boards of Corporation Bank, Allahabad Bank give in-principal approval for respective merger plans

Firstpost  

New Delhi: Corporation Bank on Monday said the board has given its in-principle approval for the merger with Union Bank of India. “The board of directors in its meeting held on 16 September, 2019 has given in-principle approval for the amalgamation of the Corporation Bank into Union Bank of India,” it said in a regulatory filing. Earlier on 9 September, …

Bank officers' union threatens 2-day strike from Sep 26 against mergers
5 years, 3 months ago

Bank officers' union threatens 2-day strike from Sep 26 against mergers

India TV News  

Four unions of officers of public sector banks have threatened to go on a two-day strike from September 26 to protest against the announced consolidation of 10 state-run lenders into four. All India Bank Officers' Confederation, All India Bank Officers' Association, Indian National Bank Officers' Congress, National Organisation of Bank Officers have jointly served the strike notice. According to the …

Union Bank board okays merger of Andhra, Corporation Bank with itself; clears Rs 17,200-cr capital infusion
5 years, 4 months ago

Union Bank board okays merger of Andhra, Corporation Bank with itself; clears Rs 17,200-cr capital infusion

Firstpost  

Union Bank of India on Monday said its board of directors has approved the merger of Andhra Bank and Corporation Bank with itself and given nod for a capital infusion of Rs 17,200 crore in the current financial year New Delhi: Union Bank of India on Monday said its board of directors has approved the merger of Andhra Bank and …

Union Bank of India board meet on 9 September to approve amalgamation of Andhra Bank, Corporation Bank with itself
5 years, 4 months ago

Union Bank of India board meet on 9 September to approve amalgamation of Andhra Bank, Corporation Bank with itself

Firstpost  

New Delhi: State-owned Union Bank of India on Wednesday said its Board will meet on 9 September to approve amalgamation of Andhra Bank and Corporation Bank with itself. Besides, the board would also take up the matter related to capital infusion of Rs 11,700 crore, Union Bank of India said in a regulatory filing. In a separate filing, United Bank …

Bank merger: Officers associations to meet in Delhi on September 5
5 years, 4 months ago

Bank merger: Officers associations to meet in Delhi on September 5

India TV News  

Opposing the merger of banks, officers associations of various banks will meet in the national capital on September 5 to chalk out the future course of action, a top official of All India Andhra Bank Officers Association said here on Tuesday. Finance Minister Nirmala Sitharaman last week announced the merger of Oriental Bank of Commerce and United Bank with Punjab …

PSU banks merger woes: Bank officers associations to meet in Delhi on 5 September
5 years, 4 months ago

PSU banks merger woes: Bank officers associations to meet in Delhi on 5 September

Firstpost  

Hyderabad: Opposing the merger of banks, officers associations of various banks will meet in the national capital on 5 September to chalk out the future course of action, a top official of All India Andhra Bank Officers Association said here on Tuesday. Finance Minister Nirmala Sitharaman last week announced the merger of Oriental Bank of Commerce and United Bank with …

Bank mergers: AIBOC meet in Delhi to decide on next step
5 years, 4 months ago

Bank mergers: AIBOC meet in Delhi to decide on next step

The Hindu  

With the Centre moving to merge more public sector banks, the All India Bank Officers’ Confederation, which has opposed it, will meet in Delhi on September 5 to decide on the course of action. The United Forum of Bank Unions will meet in Delhi on September 11 to discuss the issue, Mr. Shetty, also general secretary, Corporation Bank Officers Organisation, …

After 'Hyderabad', now 'Andhra' to slip into banking history
5 years, 4 months ago

After 'Hyderabad', now 'Andhra' to slip into banking history

India TV News  

After Hyderabad, it is now the turn of Andhra Pradesh to disappear from the list of public sector banks, depriving both Telugu states of their identity in the banking sector. The Centre's decision to merge Andhra Bank with Union Bank of India and Corporation Bank will snap the emotional link the people of Andhra Pradesh and Telangana had with this …

PNB board to meet on 5 September to consider merger with OBC, United Bank
5 years, 4 months ago

PNB board to meet on 5 September to consider merger with OBC, United Bank

Live Mint  

New Delhi: Punjab National Bank on Saturday said its board of directors will meet on 5 September to consider the lender's merger with Oriental Bank of Commerce and United Bank of India. In a BSE filing, Punjab National Bank said "the meeting of board of directors of the bank is scheduled to be held on 5th September, 2019" for considering …

Two Andhra lawmakers write to FM on move to merge Andhra Bank with UBI
5 years, 4 months ago

Two Andhra lawmakers write to FM on move to merge Andhra Bank with UBI

Hindustan Times  

The announcement made by Union finance minister Nirmala Sitharaman seeking to merge Andhra Bank with the Union Bank of India as part of banking sector reforms evoked “Andhra sentiment” in the Telugu states. On Saturday, two parliamentarians – Rajya Sabha member K V P Ramachandra Rao of the Congress and Lok Sabha member from Machilipatnam Vallabhaneni Balashowry from YSR Congress …

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