City Union Bank unveils artificial intelligence powered robot-Lakshmi

Posted on:12 Nov 2016 09:33:02
City Union Bank unveils artificial intelligence powered robot-Lakshmi
12 November 2016 Current Affairs: Kumbakonam based City Union Bank has introduced a robot on pilot basis to improve customer service. The robot is named CUB-LAKSHMI. The robot has been introduced in Thyagaraya Nagar branch of Chennai.

Lakshmi designed and developed by a French Company, has been programmed to answer about 120 general banking questions/query in English language. However in near future it will be programmed to speak in Tamil and Malayalam languages also.

A single robot cost around Rs 7-8 Lakhs and can perform work of 3-4 persons. The bank has a plan to deploy 25 robots by the end of the year 2016, if the trail run succeeds.

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