Indian Bank completes software migration of erstwhile Allahabad Bank; Stock ends 2% up

On Sensex, Indian Bank closed at Rs125.20 per piece up by 1.62%.

Feb 15, 2021 04:02 IST India Infoline News Service

Indian Bank completes migration of CBS/ITMS Software of erstwhile Allahabad Bank with CBS/ITMS Software of Indian Bank.

On Sensex, Indian Bank closed at Rs125.20 per piece up by 1.62%.

The stock has touched an intraday high and low of Rs128.30 per piece and Rs122.70 per piece respectively on Monday's trading session. 

In its regulatory filing, Indian Bank said, "we have to inform you that the Bank has successfully completed the process of technical Migration of CBS/ITMS Software of erstwhile Allahabad Bank with CBS/ITMS Software of Indian Bank."

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