Independent Auditors' Consent

We  consent  to  the  incorporation  by  reference  in  Registration   Statement
No.333-36164  of Old  National  Bancorp on Form S-4 of our report  dated May 25,
2000, appearing in the Annual Report on Form 10-K of Permanent Bancorp, Inc. for
the year  ended  March 31,  2000 and to the  reference  to us under the  heading
"Experts" in the Prospectus, which is part of this Registration Statement.



June 15, 2000
Indianapolis, Indiana