India’s first banking robot starts her banking career on Thursday in City Union Bank at Kumbakonam. This robot can answer on more than 125 types of banking problems like as loans, bounced cheques, account balance and much more related to core banking.
Currently, she is communicating in English, but soon she will be available in other regional languages according to Dr. N. Kamakodi, CEO & M.D of City Union Bank. He said that Lakshmi is very gentle in nature and give confidential information by displaying on her screen. Now, she is available only for the T-Nagar branch’s customers in Chennai.
Basically, it’s a Robot runs on artificial intelligence whose basic model is known as NAO. Lakshmi is developed only for banking purpose.