{"id":15663,"date":"2016-09-16T12:13:22","date_gmt":"2016-09-16T12:13:22","guid":{"rendered":"https:\/\/www.edristi.in\/?p=15663"},"modified":"2016-09-16T12:13:22","modified_gmt":"2016-09-16T12:13:22","slug":"first-bank-india-deploy-software-robots","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/first-bank-india-deploy-software-robots\/","title":{"rendered":"First bank in India to deploy \u2018software robots\u2019"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Question: Which of the following bank became the first bank in India to deploy \u2018software robots, which emulate human action, in its over 200 business processes?<\/strong><br \/>\n(a) HDFC<br \/>\n(b) ICICI<br \/>\n(c) Oriental Bank<br \/>\n(d) State Bank Of India<br \/>\n<strong>Ans: (b)<\/strong><br \/>\n<strong>Related facts:<\/strong><\/p>\n<ul>\n<li style=\"text-align: justify;\">On 8 September 2016 country\u2019s largest private lender ICICI Bank became the first bank in India to deploy \u2018software robots that emulate human action, in its over 200 business processes.<\/li>\n<li style=\"text-align: justify;\">The software robots are processing over 10 lakh transactions daily, bringing in operational efficiency, accuracy and a massive reduction in processing time for customer services.<\/li>\n<li style=\"text-align: justify;\">Software robots have reduced the response time to customers by up to 60 per cent and increased accuracy to 100 per cent thereby improving the bank\u2019s productivity and efficiency.<\/li>\n<li style=\"text-align: justify;\">There is a plan to more than double the software robots to over 500 by end of this fiscal.<\/li>\n<li style=\"text-align: justify;\">This initiative marks a milestone in the banking innovation in the Indian banking industry as it joins a select group of overseas organisations which have deployed this unique state-of-the-art robotic technology.<\/li>\n<\/ul>\n<p><strong>Reference:<\/strong><br \/>\n<a href=\"http:\/\/www.icicibank.com\/aboutus\/article.page?identifier=news-icici-bank-introduces-software-robotics-to-power-banking-operations-20160809103646464\" target=\"_blank\">http:\/\/www.icicibank.com\/aboutus\/article.page?identifier=news-icici-bank-introduces-software-robotics-to-power-banking-operations-20160809103646464<\/a><br \/>\n<a href=\"http:\/\/www.thehindu.com\/business\/Industry\/icici-bank-deploys-software-robots-to-perform-banking-operations\/article9085266.ece\" target=\"_blank\">http:\/\/www.thehindu.com\/business\/Industry\/icici-bank-deploys-software-robots-to-perform-banking-operations\/article9085266.ece<\/a><br \/>\n<a href=\"http:\/\/economictimes.indiatimes.com\/industry\/banking\/finance\/icici-bank-announces-deployment-of-software-robotics-for-business-processes\/articleshow\/54170008.cms\" target=\"_blank\">http:\/\/economictimes.indiatimes.com\/industry\/banking\/finance\/icici-bank-announces-deployment-of-software-robotics-for-business-processes\/articleshow\/54170008.cms<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Which of the following bank became the first bank in India to deploy \u2018software robots, which emulate human action, in its over 200 business processes? (a) HDFC (b) ICICI (c) Oriental Bank (d) State Bank Of India Ans: (b) Related facts: On 8 September 2016 country\u2019s largest private lender ICICI Bank became the first [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-15663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/15663","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=15663"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/15663\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/15603"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=15663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=15663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=15663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}