INDEPENDENT AUDITORS' CONSENT

We consent to the  incorporation  by reference  in  Registration  Statement  No.
33-86438 of  Permanent  Bancorp,  Inc.  on Form S-8 of our report  dated May 21,
1999, appearing in this Annual Report on Form 10-K/A of Permanent Bancorp,  Inc.
for the year ended March 31, 1999.




DELOITTE & TOUCHE LLP
Indianapolis, Indiana
July 9, 1999