ICICI Bank deploys 'robotic arms' to count currency notes
ICICI Bank deploys 'robotic arms' to count currency notes
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New Delhi: These days use of Robots are on the rise in the country and abroad . After the introduction of robots in restaurants and offices, it has now started being used in banks. ICICI Bank will keep robots to carry out the counting of notes. It has become the first bank in the country to do so. The bank has deployed industrial 'robotic arms' to count notes in its currency chests across the country.

ICICI Bank's Operations and Customer Service Chief Sensation Sanghai said these robotic arms are currently operating in Mumbai and Sangli (Maharashtra), New Delhi, Bengaluru and Mangaluru (Karnataka), Jaipur, Hyderabad, Chandigarh, Bhopal, Raipur, Siliguri and Varanasi. He said, these 14 machines (robotic arms) have been deployed in 12 cities to count 60 lakh notes or about 1.80 billion notes annually on a working day.

He said ICICI is India's first commercial bank and one of the few banks in the world to deploy industrial robots for cash processing. "Robotic arms work continuously and seamlessly without any brakes using various sensors on more than 70 parameters,"

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