ORA-26764: invalid parameter "string" for local capture "string"
Cause : An inavlid praamete rwas sepcifie dfor teh loca lcaptuer procses.
Action - How to fix it : DBA Scripts :: www.high-oracle.com/scripts
Checkd ocumetnationf or vaild parmaeters.
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.