Humanoids may soon greet you at HDFC Bank branches - Elets BFSI
  • Home
  • Latest Posting
    • Government Reforms
      • DBT
      • Aadhaar
      • GST
    • Payments
      • Payment Gateways
      • ATM
      • Point of Sale
      • Payment Wallets
      • Fintech Apps
    • Banks
      • Public Sector
      • Private Sector
      • Cooperative
    • NBFCs
    • Year Ender
    • Interview
    • Articles
  • Magazines
    • Latest Magazines
    • Magazine Subscription
  • Newsletter
    • Newsletters Archive
  • Events
  • Webinars
  • Video Series
    • Innovation Talk
    • Fintech Dialogue
  • Advertise with us
  • Upcoming Initiatives
  • Contact Us
Search
  • About Us
  • Advertise With Us
  • Write For Us
  • Magazine Subscription
  • Conference Reports
  • Privacy Policy
  • Contact Us
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Elets BFSI
  • Home
  • Latest Posting
    • Government Reforms
      • DBT
      • Aadhaar
      • GST
    • Payments
      • Payment Gateways
      • ATM
      • Point of Sale
      • Payment Wallets
      • Fintech Apps
    • Banks
      • Public Sector
      • Private Sector
      • Cooperative
    • NBFCs
    • Year Ender
    • Interview
    • Articles
  • Magazines
    • Latest Magazines
    • Magazine Subscription
  • Newsletter
    • Newsletters Archive
  • Events
  • Webinars
  • Video Series
    • Innovation Talk
    • Fintech Dialogue
  • Advertise with us
  • Upcoming Initiatives
  • Contact Us
Home Banks Humanoids may soon greet you at HDFC Bank branches
  • Banks
  • News
  • Private Sector

Humanoids may soon greet you at HDFC Bank branches

By
BFSI Network
-
August 30, 2016
Facebook
Twitter
WhatsApp
Linkedin
    Representative photo: Courtesy - bankingfrontiers.com
    Representative photo: Courtesy – bankingfrontiers.com

    Don’t be taken aback if you find a robot at your HDFC Bank branch greeting you soon, as the second largest private sector lender has decided to use humanoids for customer assistance.

    The decision follows a similar model adopted last year by some Japanese banks – Bank of Tokyo-Mitsubishi, which launched a robot named ‘Nao’ last year, and Mizuho Bank’s ‘Pepper’. The HDFC Bank, however, is yet to finalise the name for its robot.

    The robot, as per the plan, will assist customers with common tasks like withdrawing or transferring money or just finding the relevant departments to get their task done. The robot is reportedly a part of the bank’s “Project AI” (artificial intelligence) programme.

    The robot will be initially deployed at one of the branches of the Bank in Mumbai, and depending on the experience, it may be used at other branches as well.

    However, unlike the Softbank’s Pepper robot and ‘Nao’ robot of the Bank of Tokyo-Mitsubishi, which are capable of reading human emotions, HDFC Bank‘s robot, however, will have limited capabilities and is expected act largely as a receptionist only, for now. The $8,000 Nao can speaks Japanese, English and Chinese and also helps customers who are seeking help with opening a bank account or filing a complaint after losing their card.

    The humanoid will come equipped with a touchscreen display, which customers could use to input their query, sources said. It will greet a person entering the branch with options such as cash withdrawal or deposit, forex, fixed deposits and demat services displaying on the screen. Once the customer punches in the selection, a layout of the branch will appear on the screen with a “Take me there” option.

    While the initial plan may look a little basic, the bank plans to expand the menu to include voice recognition and facial recognition technologies and link it to consumer behaviour pattern.

    "Exciting news! Elets technomedia is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

    Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

    Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.

    • TAGS
    • artificial intelligence
    • bank
    • bank account
    • Bank of Tokyo-Mitsubishi
    • bank plans
    • Banks - NEC
    • Business_Finance
    • demat services
    • facial recognition technologies
    • HDFC Bank
    • Humanoid
    • Mizuho Bank
    • mumbai
    • private sector lender
    • Ratt discography
    • receptionist
    • Representative
    • Robot
    • Softbank
    • The HDFC Bank
    • voice recognition
    • Wireless Telecommunications Services - NEC
    Facebook
    Twitter
    WhatsApp
    Linkedin
      Previous articleRatan Tata, Nilekani, Kelkar come together for micro-finance company
      Next articleAnuradha Rao appointed SBI MF’s MD, CEO
      BFSI Network

      RELATED ARTICLESMORE FROM AUTHOR

      Vijayant Rai

      Transforming India’s Data-Driven Economy: A Vision Powered by Snowflake

      Poonawalla Fincorp

      Poonawalla Fincorp Introduces AI in its HR Processes

      Prasad Vadke

      Crafting Effective SLAs for Optimal Service Management

      Union Bank of India

      Union Bank of India Becomes First Major Bank to Sign PCAF Agreement

      Sunil Nishankar

      Riding the AI tide

      Banking Industry

      From Cash to Code, the Past Decade has Redefined India’s Banking Industry

      Popular

      NBFCs Ranking

      India’s Top 50 NBFCs Ranking 2017

      October 17, 2017
      SBI

      SBI Recruitment 2019: Apply for Specialist Officers

      May 27, 2019
      NBFC in India 2020

      India’s Top 50 NBFCs’ Ranking 2020

      July 17, 2020
      Forbes

      Forbes releases ‘The World’s Best Banks 2019’, ten Indian banks in...

      March 6, 2019

      Small Finance Banks: Transforming Banking in India

      February 27, 2017
      Airtel

      Airtel partners HPCL for e-payments in Telangana, Andhra

      October 17, 2017
      Demonetisation

      Demonetisation – A Defining Moment For India

      March 4, 2017

      Govt deactivates 11 lakh PAN: Find out how to check your...

      August 8, 2017
       

      For Latest Updates

      Sign in into your account

      For continuing, Please agree our Terms & Conditions and acknowledge our Privacy Policy. This same account can be used across all Elets News portals.

      whatsapp--v1 JOIN US
      whatsapp--v1
      The Banking & Finance Post, a bi-monthly magazine published by Elets Technomedia Pvt Ltd, prides itself in spotting and highlighting key trends in the BFSI sector.
      Top Category
      • News5767
      • Article1026
      • Banks679
      • Interview603
      • Press Release358
      • Magazine285
      Latest Updates
       
       

      RSS Elets BFSI

      • India Achieves New Milestone with First Mortgage-Backed Pass Through Certificates on NSE
      • AI Agents Driving Efficiency in BFSI & InsurTech Onboarding
      • G+D Unveils Convego SecureCode Card to Tackle Online Payment Fraud
      • Shaping the Future of Finance: Day 2 of World Fintech Summit Highlights India’s DPI, Innovation, and Global Vision
      • Day 1 Highlights of the World Fintech Summit 2025: A Global Dialogue on Fintech Innovation and Inclusive Development

      Advertise with Us
       
       

      Advertising with The Banking & Finance Post, a unique opportunity to reach a huge global audience in the BFSI domain, we assure to present your brand’s message in a bigger and more beautiful way than any other platform.

      Get a quote

      Elets Upcoming Conferences
       
       

      9th Elets BFSI CXO Summit & Awards, Mumbai
      World Fintech Summit 2025 | Fintech Fest Bangalore
      Contact Us
       
       
       
      Elets Technomedia Pvt. Ltd.

      India Office: Stellar IT Park, Office No. 7A/7B, 5th Floor, Tower – 2 Annexe Building, C-25, Sector – 62, Noida, Uttar Pradesh – 201309, India
      Dubai Address: HD06C , 1st Floor, Dubai Internet city , Dubai

      • About Us
      • Advertise With Us
      • Write For Us
      • Magazine Subscription
      • Conference Reports
      • Privacy Policy
      • Contact Us
      © 2024 All rights reserved | Elets Technomedia Pvt Ltd