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Technology, HR Integration Major Challenges in PSU Mergers
September 17, 2019
Senior executives of United Bank of India, Oriental Bank of Commerce, and Punjab National Bank said that the integration of human resources and technology will continue to be major challenges in the merger of public sector banks. They said that it will be easy to merge the balance sheet of multiple banks, integrate the ATM networks, and also the treasuries. However, the merger of two IT networks on two platforms into one unit is a massive challenge, they said.
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