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August 28, 2013


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Well, our Bank Managers are already robots. They follow process manuals, fills-out forms and dispatch paperwork to some exotic place where someone sitting in a 3x4 workbench takes a decision on whether to Accept/Reject the proposal, irrespective what is the borrowers' standng and commitmnt is to the market/community. They have already started mutating...only difference, eat human food and dont bring pint of oil for lunch / coffee break.


Yes, Polaris FT based out of Chennai, India has already comeup with this & they are going to launch the Robot for Banks . They are eyeing for "smart branch" banking space.

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