RBL Bank
RBL Cares conversational banking assistant
RBL Bank reported that its banking chatbot answered over 4 million queries in less than 6 months
Problem
Customers needed remote access to banking information and routine account services during pandemic restrictions.
Approach
RBL Bank launched RBL Cares with Senseforth.ai in January 2020. The conversational assistant answered banking and credit-card questions and supported account and card-management tasks. The bank subsequently added fund transfers through NEFT and IMPS.
Results
Takeaway
The assistant combined information retrieval with banking transactions. The reported accuracy figure did not include a published measurement method.
Categories
- Size
- Large enterprise
- Industry
- Finance and insurance
- Business function
- Customer service
- Innovation type
- Process innovationProduct and service innovation
- AI technology
- Conversational and voice AI
- Adoption
- Partner co-development
- Evidence
- Company's own claim
Sources
Source summaries
IBS Intelligence reported the bank's chatbot expansion and quoted bank and supplier executives. It gave query volume and accuracy claims alongside the newly supported transactions.
Full details are in the original sources.