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Harvard Business Publishing features merger of Indian Bank, Allahabad Bank
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Harvard Business Publishing Features Merger Of Indian Bank, Allahabad Bank
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April 01, 2021
Padmaja Chunduru, Managing Director and CEO of Indian Bank×
Chennai-headquartered Indian Bank has been reporting better performance than its peers amid the pandemic situation. Growth is steady and its asset quality improving. The amalgamation of Indian Bank and Allahabad Bank has progressed well. The bank on Thursday announced its ‘vision and mission statement’ with primary focus on customer service and customer satisfaction. Padmaja Chunduru, Managing Director and CEO of Indian Bank, spoke to
BusinessLine on the merger journey, MSME challenges, and bank’s preparedness for the next growth curve. Excerpts:
How smooth was the amalgamation process of Allahabad Bank with Indian Bank?