IT integration of PNB, OBC, UBI may take 6 months post merger

The integration of IT platforms of Oriental Bank of Commerce (OBC), PNB and United Bank of India (UBI) may take at least six months after their merger, OBC CEO Mukesh Jain said. While PNB uses banking software Finacle 10, the other two use Finacle 7. The merger of the banks is expected to come into effect on April 1, 2020.