RBL Bank has chosen Amazon Web Services (AWS), an Amazon.com company, as its preferred cloud provider to strengthen its AI?powered banking solutions and drive digital transformation at the Bank, adding significant value to the Bank’s innovative offerings, saving costs, and tightening risk controls.
The Bank is building on its analytics practice and investing in AI capabilities to implement various use cases across multiple segments, including Risk, Customer Service, Human Resources, and Operations. The Bank’s AI Center of Excellence worked with AWS to create a templatized framework to roll out use cases using Amazon SageMaker to quickly and easily build, train, and deploy machine learning (ML) models as part of the Bank’s larger AI roadmap.
RBL Bank operates as a scheduled commercial bank. The bank offers its services under the five business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets. The bank was founded in 1943 and is based in Kolhapur, Maharashtra.
