ORA-25350: maximum number of concurrent transaction branches exceeded
Cause : the limit on the number of concurrent transaction branches has been reached
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Increase the INIT.ORA parameter 'transactions' and restart the system.
Well, the reason for above error is that i have taken the above script from a 11g database and running it on 10g database. 11g has bring some changes in password management. Below code is executed on 11g and user created successfully, which is expected result.