Page 22 - Banking Finance August 2019
P. 22

PRESS RELEASE


        SBI Group announces 3rd edition of ‘SBI Green Marathon’ in 15 cities

        After a major success of the first two editions of SBI Green  Mr. Alok Kumar Chaudhary, DMD (HR) & CDO, SBI
        Marathon, country’s largest financial services group SBI  said, “With a deep commitment for environment protection
        Group announces the launch of its 3 rd edition. This financial  and sustainable development, we are delighted to step into
        year, SBI Group is hosting this mega event in 15 cities across  yet another milestone with third edition of SBI Green
        the country pledging for a greener future.          Marathon. It has been a great 2 years for this event and
        The SBI Group is organizing the run of 5Km, 10Km, 21Km  we at SBI would like to thank all the stakeholders, who
        on the 23rd of February, 2020 in Jaipur. The 3 rd edition of  made the past two editions memorable & successful.
        SBI Green Marathon, which is going to a zero waste event,  We, once again call upon all to join hands with us and come
        would witness close to 1 lakh participants who will run to  together to run for a clean and healthy future”.
        spread awareness about the importance of cleaner and
                                                            The “Run for Green” theme of this marathon event
        greener society.
                                                            recognizes every participating individual as agents of change
        SBI General Insurance is going to be the health partner for  for a greener globe. All the participants will be given
        SBI Green Marathon whereas SBI Life, SBI Mutual Funds  organic t-shirts to promote healthy and greener city. Even
        and SBI Cards are also significantly contributing to this  the runners’ bib would consist of seeds which can be
        cause. The 15 city marathon event will start from   planted after the Marathon.
        September 15, 209 in Lucknow followed by Guwahati,
                                                            Also-bio degradable and recyclable material is to be used
        Mumbai, Bengaluru, New Delhi, Chennai, Hyderabad,
                                                            by the bank making this a zero waste event.
        Bhubaneswar, Kolkata, Thiruvananthapuram, Ahmedabad,
        Bhopal, Patna, Jaipur and concluding in Chandigarh on  People interested in running in the third edition of SBI
        March 1, 2020. The run category for SBI Green Marathon  Green Marathon can register themselves on
        would include 5K, 10K and 21K.                      bookmyshow.com and youtoocanrun.com.


         Andhra Bank partners with Floatbot to launch AI Virtual Assistant -

                Abhi (Chatbot) to Digitally Engage its 5 Crore+ Customers

        Bangalore based AI start up, Floatbot has launched AI Chatbot integrated with Core Banking Servers of Andhra Bank, to
        digitally engage and automate customer support for its 5 Crore customers. Floatbot will also develop a chatbot for 20,000+
        internal employees of Andhra Bank to automate on-boarding and training. Floatbot is incubated at NASSCOM Center of
        Excellence DS-AI, an initiative of the Department of IT, BT and S&T, Government of Karnataka. Floatbot has launched
        the chatbot for Andhra Bank after going through end to end security audit and a rigorous user acceptance testing (UAT).
        More than 50,000 queries were tested before the final sign-off.
        Commenting on the initiative Shri. Gaurav Gupta, Principal Secretary, Department of IT,BT and S&T, Government of
        Karnataka said, “This is a perfect testimony to the various initiatives that the Government of Karnataka is undertaking
        to encourage innovation in emerging technologies such as Artificial Intelligence. The NASSCOM Center of Excellence was
        set up by the Government of Karnataka to promote and nurture start ups with path breaking ideas involving new age
        technology. The idea is to provide a platform for these start ups to have access to technology, mentors, resources and
        like minded professionals.”
        “We are happy to partner with Andhra Bank in its Digital transformation journey to automate customer support through
        Conversational AI, that can resolve customers queries and provide banking services in English, Hindi and Hinglish. In next
        phase, we intend to enable banking services for all regional languages on channels such as WhatsApp and Google Assistant.
        We have provided AI Chatbot solution ABHi to Andhra Bank on Floatbot's cloud, that is MietY approved. This is one of
        very few launches in India where a bank has allowed a cloud based Chatbot delivery. We are hopeful that this will set a
        trend for other Banks and Insurance companies in India to start accepting AI solutions on cloud” said Jimmy Padia, CEO
        of Floatbot.

          22 | 2019 | AUGUST                                                             | BANKING FINANCE
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