Japanese bank starts using pint-sized robot as bank teller

One of Japans megabanks Bank of Tokyo-Mitsubishi showcased a robot bank teller on 13 April at its downtown Tokyo branch in the hope that the multilingual robot will help foreign customers during the Tokyo Olympics in 2020. Apr 13, 2015

RBI rate cut expected to prompt bankers to lower lending rates

RBI has made a surprise cut in repo rate by 25 basis points to bring it down to 7.50 percent. The move could be just what the doctor ordered. RBI governor Raghuram Rajan is confident that commercial banks will respond positively to the repo cut and cut their lending rates. Mar 5, 2015