By Dominick Rodrigues
Mumbai: The State-owned Union Bank of India, in its amalgamation process of three Banks, achieved another key milestone recently with its IT Integration of all branches of the erstwhile Corporation Bank.
Expressing delight at achieving achieve complete integration of all e-CB branches, and delivery channels, Rajkiran Rai G,MD & CEO of Union Bank of India, said this opened huge opportunity for the bank’s customers while also enhancing its capability to offer innovative products and services. As per plan, in the next phase, all branches of e-Andhra Bank shall also migrate to Finacle 10 well within current fiscal, he said.
All Customers of the erstwhile Corporation Bank have been successfully migrated to CBS of Union Bank of India in record time. Along with this feat, UBI has successfully rolled out Internet Banking, Mobile Banking, UPI, IMPS, FI Gateway, Treasury and Swift for erstwhile Corp Bank customers, thereby enabling them to transact seamlessly across branches and delivery channels of UBI.
The Bank had earlier migrated ATM Switch and ATM terminals smoothly into the UBI Network in record time with minimum inconvenience to customers, including without effecting any change in their account numbers, debit cards or Net Banking credentials, he said, adding the entire migration has been executed in association with Infosys, EY, and BCG.
The Bank has already accomplished administrative amalgamation process with roll out of new Organisation Structure, harmonized products & processes etc.
